 | United States. Court of Claims - 1940 - 760 pages
...only one $5,000 exclusion is allowable. Section 501 of the Revenue Act of 1932 (47 Stat. 245) provides as follows : (a) For the calendar year 1932 and each...individual, resident or nonresident, of property by gift. (b) The tax shall apply whether the transfer is in trust or otherwise, whether the gift is direct or... | |
 | United States. Internal Revenue Service - 1933 - 98 pages
...otherwise specified, all section references are to the Revenue Act of 1932) SECTION 501. IMPOSITION OF TAX. (a) For the calendar year 1932 and each calendar year...individual, resident or nonresident, of property by gift (b) The tax shall apply whether the transfer is in trust or otherwise, whether the gift is direct or... | |
 | United States. Bureau of Internal Revenue - 1936 - 104 pages
...otherwise specified, all section references are to the Revenue Act of 1932) SECTION 501. IMPOSITION OF TAX. (a) For the calendar year 1932 and each calendar year...individual, resident or nonresident, of property by gift. (b) The tax shall apply whether the transfer is in trust or otherwise, whether the gift is direct or... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...Publicity of returns. CHAPTER 4— GUT TAX SEC. 1000. IMPOSITION OF TAX. (a) For the calendar year 1940 and each calendar year thereafter a tax, computed as provided in section 1001, shall be imposed upon the transfer during such calendar year by any individual, resident or nonresident,... | |
 | United States. Congress. Senate. Committee on Finance - 1938 - 768 pages
...this form for the purpose of emphasis. The imposing provisions of title III of the act of 1932 are as follows: "(a) For the calendar year 1932 and each calendar year thereafter, a tax * * * shall be imposed upon the transfer during such calendar year by any individual, resident or nonresident,... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...Sec.lOSO. Dpfijiitions. CHAPTER 4— GIFT TAX SEC 1098. IMPOSITION OF TAX. (a) For the calendar rear 1938 and each calendar year thereafter a tax, computed as provided in section 1001^ shall he imposed upon the transfer during sucn calendar year by any individual, resident or nonresident,... | |
 | 1939 - 1030 pages
...otherwise specified, statutory references are to the Revenue Act of 1932) SECTION 501. IMPOSITiON OF TAX. (a) For the calendar year 1932 and each calendar year...individual, resident or nonresident, of property by gift. (b) The tax shall apply whether the transfer is in trust or otherwise, whether the gift is direct or... | |
 | United States. Board of Tax Appeals - 1941 - 1630 pages
...IMPOSITION OF TAX. (a) for the calendar year 1932 and each calendar year thereafter a tax, computed aa provided In section 502, shall be imposed upon the...Individual, resident or nonresident, of property by sift. (b) The tax shall apply whether the transfer 1» In trust or otherwise, whether the Sift Is direct... | |
 | United States. U.S. Congress. Senate. Committee on finance - 1941 - 1614 pages
...made at the outset of this memorandum. The imposing provisions of title III of the act of 1932 are as follows: "(a) For the calendar year 1932 and each calendar year thereafter, a tax * * * shall be imposed upon the transfer during such calendar year by any individual, resident or nonresident,... | |
 | United States - 1964 - 1098 pages
...Determination of Tax Liability § 2501. Imposition of tax. (a) General rule. For the calendar year 1955 and each calendar year thereafter a tax. computed as provided in section 2502. is hereby imposed on the transfer of property by gift during such calendar year by any individual,... | |
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... (b) 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... 
