The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1976 - Administrative law The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. |
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Common terms and phrases
accrued benefit Administration amended by T.D. amount annuity application assets beneficiary bequest bonds calendar quarter charitable citizen computed considered corporation decedent's death decedent's gross estate December 31 deposit determined district director donee spouse donor election employee employee's entire interest erty executor exercise extent fair market value Federal estate tax filed foreign death taxes fund gift tax graph included interest in property Internal Revenue Code Internal Revenue Service June 24 marital deduction ment nonresident October 21 paid paragraph participant payable payment percent period person portion power of appointment prop property interest purposes pursuant qualified real property regulations relating remainder interest respect rules section 411 shares Stat Statutory provisions subdivision subparagraph surviving spouse tax imposed tax return taxable estate taxable gifts taxpayer tenancy terest term termination thereof tion trade or business transfer treated trust trust instrument United vessel
Popular passages
Page 398 - ... Corporations, and any community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, or educational purposes, or for the prevention of cruelty to children or animals, no part of the net earnings of which inures to the benefit of any private shareholder or individual, no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation, and which does not...
Page 332 - If any person liable to pay any tax neglects or refuses to pay the same after demand, the amount (including any Interest, additional amount, addition to tax, or assessable penalty, together with any costs that may accrue In addition thereto) shall be a lien In favor of the United States upon all property and rights to property, whether real or personal, belonging to such person.
Page 205 - Any transfer of a material part of his property in the nature of a final disposition or distribution thereof, made by the decedent within two years prior to his death without such a consideration, shall, unless shown to the contrary, be deemed to have been made in contemplation of death within the meaning of this title...
Page 361 - The value of the property is the price at which such 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 knowledge of relevant facts.
Page 153 - Every executor, administrator, or assignee, or other person, who pays, in whole or in part, any debt due by the person or estate for whom or for which he acts before he satisfies and pays the debts due to the United States from such person or estate, shall become answerable in his own person and estate to the extent of such payments for the debts so due to the United States, or for so much thereof as may remain due and unpaid.
Page 211 - ... -where the enjoyment thereof was subject at the date of his death to any change through the exercise of a power...
Page 7 - District, or possession thereof, but in the case of a corporation, association, or partnership operating any vessel in the coastwise trade the amount of interest required to be owned by citizens of the United States shall be 75 per centum.
Page 7 - States; or (b) if the majority of the voting power in such corporation is not vested in citizens of the United States ; or (c) if through any contract or understanding it is so arranged that...
Page 398 - ... (1) The United States, any State. Territory, or any political subdivision thereof, or the District of Columbia, for exclusively public purposes...
Page 398 - ... organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, including the encouragement of art and the prevention of cruelty to children or animals...