 If the legatee, devisee, donee, or trustee is empowered to divert the property or fund, in whole or in part, to a use or purpose which would have rendered it, to the extent that it is subject to such power, not deductible had it been directly so bequeathed,...  Reports of the United States Tax Court - 155. lappuseautors: United States. Tax Court - 1988Pilnskats - Par šo grāmatu
 | United States. Internal Revenue Service - 1924 - 76 lapas
...extent that it is subject to such power, not deductible had it been directly so given by the donor, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power. DEDUCTIONS— GIFTS TO INDIVIDUALS NOT IN EXCESS OF $500 (SKc. 321. In computing the amount... | |
 | Lafayette Blanchard Gleason, Alexander Otis - 1925 - 1550 lapas
...to such power, not deductible had it been directly so bequeathed, devised, or given by the decedent, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power. SPECIFIC EXEMPTION SEC. 303. For the purpose of the tax the value of the net estate shall... | |
 | Paul Whittier Pinkerton, Jefferson Humphrey Millsaps - 1926 - 1082 lapas
...such a power, not deductible had it been directly so bequeathed, devised, or given by the decedent, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power. 101 There are certain limitations upon the right of nonresidents to deduct philanthropic... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 lapas
...to such power, not deductible had it been directly so bequeathed, devised, or given by the decedent, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power. ART. 48. Specific exemption. — There may be deducted from the gross estate of all resident... | |
 | United States. Internal Revenue Service - 1929 - 176 lapas
...to such power, not deductible had it been directly so bequeathed, devised, or given by the decedent, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power. SPECIFIC EXEMPTION Sao. 303. For the purpose of the tax the value of the net estate shall... | |
 | United States. Board of Tax Appeals - 1930 - 1460 lapas
...such power, not deductible hud it been directly so bequeathed, devised, or givfcn by the decedent, deduction will be limited to that portion, if any,...property or fund which Is exempt from an exercise of such power. The respondent urges that the provisions of the decedent's will authorizing the life tenant... | |
 | 1939 - 1030 lapas
...to such power, not deductible had it been directly so bequeathed, devised, or given by the decedent, deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power.*t SPEC1FiC EXEMPT1ON SEC. 303. For the purpose of the tax the value of the net estate shall... | |
 | United States. Supreme Court - 1945 - 446 lapas
...Regulations 80 (1934 ed.) Art 44. 68843 — 45 22 donee or trustee to divert the property from the charity, "deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power."8 These Regulations are appropriate implementations of § 303 (a) (3), and, having been... | |
 | United States. Supreme Court - 1944 - 922 lapas
...extent that there is a power in a private donee or trustee to divert the property from the charity, "deduction will be limited to that portion, if any,...property or fund which is exempt from an exercise of such power." P. 260. 256 Opinion of the Court. of residuary beneficiaries," ie, the charities. In 1937... | |
 | 1988 - 728 lapas
...section for rules relating to valuation of partial interests in property passing for charitable purposes. (b) Transfers subject to a condition or a power. (1)...fund which is exempt from an exercise of the power. InternaI Revenue Service, Treasury (2) The application of this paragraph may be illustrated by the... | |
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