 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1932 - 278 pages
...concession, because the tax accrues much sooner than if it were only imposed at the death of the donor. The tax applies to transfers of property by gift,...property is real or personal, tangible or intangible. It does not apply, however, to transfers in trust where the donor has the power to revest title in... | |
 | United States. Internal Revenue Service - 1933 - 98 pages
...calendar year by any individual, resident or nonresident, of property by gift (b) The tax shall apply whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible; but, in the case of a nonresident not a citizen of the United States, shall apply to a transfer only... | |
 | United States. Bureau of Internal Revenue - 1936 - 104 pages
...to the situs of property, see article 18. ART. 2. Transfers reached. — The statute imposes a tax whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible. Thus, for example, a taxable transfer may be effected by the declaration of a trust, the forgiving... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...are modified by legislation enacted subsequent to the Revenue Act of 1932. (b) The tax shall apply whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible; but, in the case of a nonresident not a citizen of the United States, shall apply to a transfer only... | |
 | United States. Congress. Senate. Committee on Finance - 1938 - 768 pages
...calendar year by any individual, resident or nonresident, of property by gift. "(b) The tax shall apply whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible * * *. "(c) The tax shall not apply to a transfer of property in trust where the power to revest in... | |
 | United States. Bureau of the Census - 1938 - 160 pages
...the transfer of property by gift during any calendar year by any individual resident or nonresident, whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible. As to residents of this State, the tax applies to transfers by gift of any property whatsoever, excepting... | |
 | 1939 - 1030 pages
...calendar year by any individual, resident or nonresident, of property by gift. (b) The tax shall apply whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible ; but, in the case of a nonresident not a citizen of the United States, shall apply to a transfer only... | |
 | United States - 1953 - 1744 pages
...to the Revenue Act of 1932. (b) [Method of transfer, nonresident transfers.] г The tax shall apply exc H but, in the case of a nonresident not a citizen of the United States, shall apply to a transfer only... | |
 | United States. U.S. Congress. Senate. Committee on finance - 1941 - 1614 pages
...calendar year by any individual, resident or nonresident, of property by gift. "(b) The tax shall apply whether the transfer is in trust or otherwise, whether...property is real or personal, tangible or intangible * * *. "(c) The tax shall not apply to a transfer of property in trust where the power to revest in... | |
 | United States. Supreme Court - 1945 - 446 pages
...under §§ 501, 506 of the Revenue Act of 1932, 47 Stat. 169, which imposes a tax upon every transfer of property by gift, "whether the transfer is in trust...property is real or personal, tangible or intangible; ..." The petitioner, age 72, made an irrevocable transfer in trust of 3,000 shares of stock worth $571,000.... | |
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The tax shall apply whether the transfer is in trust or otherwise, whether the gift is direct or indirect, and whether the property is real or personal, tangible or intangible... 
