 | United States. Congress. Senate. Committee on the Judiciary - 1961 - 1260 lapas
...Revenue Ruling 55-138, "fair market value" for purposes of the charitable contributions deduction was the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell. In connection with the... | |
 | United States. Congress. Senate. Committee on Finance - 1968 - 966 lapas
...neither beinj obliged to buy or sell. 26 CFR 20.2031-1 (b) : Valuation of property in general. The fair market value Is the price at which the property would change hands between a willing huyor and a willing seller, neither being under any compulsion to buy or to sell an<i both having reasonable... | |
 | United States. Internal Revenue Service - 1974 - 624 lapas
...170(e)(l) of the Code and section 1.170A-4(a) of the regulations. Section 1.170Al(c) (2) provides that the fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable... | |
 | United States. Internal Revenue Service - 1973
...contribution reduced as provided in section 170(e) of the Code and section 1.170A-4(a) of the regulations. The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable... | |
 | Gary A. Zwick, James Jurinski - 1999 - 660 lapas
...the Willing Buyer and Willing Seller The regulations set out the basic premise for valuation: "The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable... | |
 | Hugo Stokke, Arne Tostensen - 282 lapas
...comparing recent market transactions in the area. The market price of a property may be defined as the price at which the property would change hands between a 'willing buyer' and a 'willing seller". There are many cases where a market value is not easily obtainable.... | |
 | Robert F. Reilly - 1999 - 610 lapas
...rights and interests will be taxed.3 The valuation of property for transfer tax purposes is based upon the "price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable... | |
 | Russell J. Fishkind, Robert C. Kautz - 2001 - 384 lapas
...Gift The value of a gift is the fair market value of the property on the date the gift is made. The fair market value is the price at which the property...between a willing buyer and a willing seller, when neither ls forced to buy or to sell, and when both have reasonable knowledge of all relevant facts.... | |
 | Zabihollah Rezaee - 2004 - 456 lapas
...corporations for estate and gift tax purposes is "fair market value." Reg. Sec. 20.2031-1 states: The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable... | |
 | Mark O. Dietrich - 2001 - 666 lapas
...Northridge Hospital is considering acquiring this practice. Fair market value is defined for this purpose as the price at which the property would change hands between a willing buyer and a willing seller, neither being under a compulsion to buy nor sell and both having reasonable... | |
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The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts. 
