Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and IndexDivision of the Federal Register, the National Archives, 2002 - Administrative law |
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Common terms and phrases
adjusted agreement amended by T.D. amount annuity applicable assets base company income basis beneficiary bond calendar charitable cluded computed considered contract controlled foreign corporation dece decedent's death decedent's gross estate decedents dying December 31 deposit described in paragraph described in section determined disclaimer erty estate tax return Example executor exercise expenses factor fair market value Federal estate tax filed foreign base company fund gift tax graph included income tax installment Internal Revenue Internal Revenue Code Internal Revenue Service issue June 24 lease lessor limitation marital deduction ment mortgage obligation October 21 option paid payable payment percent period portion power of appointment present value prior prop purchase purposes pursuant QDOT qualified real property received residence respect spect subparagraph surviving spouse tate taxpayer terest term termination tion trade or business transaction transfer treated trust trust instrument United valuation date vessel
Popular passages
Page 326 - ... for his life or for any period not ascertainable without reference to his death or for any period which does not in fact end before his death...
Page 8 - The controlling interest in a corporation shall not be deemed to be owned by citizens of the United States...
Page 8 - States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation in favor of any person not a citizen of the United States...
Page 384 - ... no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of any candidate for public office.
Page 529 - 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 497 - Secretary (except where the deficiency is due to negligence, to intentional disregard of rules and regulations, or to fraud with intent to evade tax...
Page 507 - 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 469 - In the case of a nonresident, by deducting from the value of that part of his gross estate which at the time of his death is situated in the United States...
Page 477 - ... be entitled to reimbursement out of any part of the estate still undistributed or by a just and equitable contribution by the persons whose interest in the estate of the decedent would have been reduced if the tax had been paid before the distribution of the estate or whose interest is subject to equal or prior liability for the payment of taxes, debts, or other charges against the estate, it being the purpose and intent of this title that so far as is practicable and unless otherwise directed...
Page 196 - For purposes of this section, the term "governmental unit" means a State, the District of Columbia, a Territory, or a possession of the United States, or any political subdivision of any of the foregoing:. (ii) For purposes of this section, the term "securities" has the same meaning as in section 165(g)(2) (A) and (B).