 | United States. Court of Claims - Law reports, digests, etc - 1946 - 906 pages
...shall be considered the amount of the gift." Regs. 79, Art. 19 (1) , provides that "The value of the property is the price at which such property would...neither being under any compulsion to buy or to sell. All relevant facts and elements of value as of the time of the gift should be considered." And the... | |
 | United States. Internal Revenue Service - Gifts - 1924 - 76 pages
...amount of the gift. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being...property is sold within a reasonable period after the gift, and it is shown that the selling price reflects the fair market value thereof as of the date... | |
 | Lafayette Blanchard Gleason, Alexander Otis - Gifts - 1925 - 1550 pages
...decedent's death. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell. Where §hown that the selling price reflects the fair market value thereof as of the date of deeedent 's... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...decedent's death. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being...property is sold within a reasonable period after the decedent's death, and it is shown that the selling price reflects the fair market value thereof as... | |
 | Paul Whittier Pinkerton, Jefferson Humphrey Millsaps - Inheritance and transfer tax - 1926 - 1082 pages
...decedent's death. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell. « « » Neither depreciation nor appreciation in value subsequent to the date of decedent Ts death... | |
 | United States. Internal Revenue Service - Inheritance and transfer tax - 1929 - 176 pages
...decedent's death. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being...property is sold within a reasonable period after the decedent's death, and it is shown that the selling price reflects the fair market value thereof as... | |
 | United States. Board of Tax Appeals - Taxation - 1934 - 1512 pages
...decedent's death. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell. * * * ******* Stock in a close corporation should be valued upon the basis of the company's net worth,... | |
 | United States. Bureau of Internal Revenue - Gifts - 1936 - 104 pages
...value thereof at the date of the gift shall be considered the amount of the gift. The value of the property is the price at which such property would...neither being under any compulsion to buy or to sell. The value of a particular kind of property is not to be determined by a forced sale price or by an... | |
 | Administrative law - 1939 - 1030 pages
...value thereof at the date of the gift shall DC considered the amount of the gift. The value of the property is the price at which such property would...neither being under any compulsion to buy or to sell. The value of a particular kind of property is not to be determined by a forced sale price or by an... | |
 | Administrative law - 1940 - 1806 pages
...value thereof at the date of the gift shall be considered the amount of the gift. The value of the , upon demand by the collector The value of a particular kind of property is not to be determined by a forced sale price. Such value... | |
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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. 
