 | Administrative law - 1960 - 1580 pages
...considered the amount of the gift. (b) Where property Is transferred for less than an adequate and full consideration in money or money's worth, then...knowledge of relevant facts. The value of a particular kind of property is not the price that a forced sale of the property frould produce. The value is generally... | |
 | Administrative law - 1960 - 618 pages
...calendar year. § 25.2512-1 Valuation of property; in general. Section 2512 provides that if a gut is made in property, its value at the date of the...knowledge of relevant facts. The value of a particular kind of property is not the price that a forced sale of the property would produce. The value is generally... | |
 | Administrative law - 2001 - 808 pages
...that section. The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being...having reasonable knowledge of relevant facts. The fair market value of a particular item of property ineludible in the decedent's gross estate is not... | |
 | Administrative law - 1985 - 712 pages
...that section. The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being...having reasonable knowledge of relevant facts. The fair market value of a particular item of property includible in the decedent's gross estate is not... | |
 | Administrative law - 1976 - 498 pages
...Exchange Act of 1934. "Fair market value" means the price at which property would change hands between a willing buyer and a willing seller, neither being...both having reasonable knowledge of relevant facts. "National Association of Securities Dealers Automated Quotations System" means the automated quotations... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1958 - 1168 pages
...uninsured annuities. The rule for valuing property generally is that it shall be valued according to the price at which such property would change hands...both having reasonable knowledge of relevant facts. This is a single standard. and should produce a single result — not the double result of the proposed... | |
 | United States. Congress. House. Committee on Ways and Means - 1958 - 1174 pages
...uninsured annuities. The rule for valuing property generally is that It shall be valued according to the price at which such property would change hands...both having reasonable knowledge of relevant facts. This is a single standard, and should produce a single result — not the double result of the proposed... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1958 - 1176 pages
...that it shall be valued according to the price at which such property would change bands between a willing buyer and a willing seller, neither being...both having reasonable knowledge of relevant facts. This Is a single standard, and should produce a single result — not the double result of the proposed... | |
 | Administrative law - 1961 - 246 pages
...considered the amount of the gift. (b) Where property is transferred for less than an adequate and full consideration In money or money's worth, then...knowledge of relevant facts. The value of a particular kind of property is not the price that a forced sale of the property would produce. The value is generally... | |
 | United States. Tax Court - Law reports, digests, etc - 1963 - 1104 pages
...of 1054 unless otherwise Doted. • SEC. 25.2512-1 Valuation of property : In general. • • • The value of the property Is the price at which such...both having reasonable knowledge of relevant facts. • • • All relevant facts and elements of value as of the time of the gift shall be considered.... | |
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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 to sell and both having reasonable knowledge of relevant facts. 
