 Future interests" is a legal term, and includes reversions, remainders, and other interests or estates, whether vested or contingent, and whether or not supported by a particular interest or estate, which are limited to commence in use, possession or...  Internal Revenue Cumulative Bulletin - Page 291by United States. Internal Revenue Service - 1976Full view - About this book
 | United States. Court of Claims - 1946 - 936 pages
...future interest may be excluded in determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession, or enjoyment at some future date or time. * * * But a future interest or interests in such contractual obligations may be created by the limitations... | |
 | United States. Bureau of Internal Revenue - 1936 - 104 pages
...such year, for the purposes of the tax, is $4,000. 15 amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession, or enjoyment at some future date or time. The term has no reference to such contractual rights as exist in a bond, note (though bearing no interest... | |
 | 1939 - 1030 pages
...future interest may be excluded in determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession, or enjoyment at some future date or time. The term has no reference to such contractual rights as exist in a bond, note (though bearing no interest... | |
 | United States. Tax Court - 1967 - 786 pages
...any other person. [Emphasis added.] 1 Sec. 25.2503-3. Future Interests In property. (a) • • • "Future Interests" Is a legal term, and Includes reversions,...particular Interest or estate, which are limited to commerce In use, possession or enjoyment at some future date or time. * • • On the other hand,... | |
 | United States. Supreme Court - 1945 - 446 pages
..."future interest" within the meaning of the statute and the regulation. The latter provides: Art. 11. ... "Future interests" is a legal term, and includes reversions,...possession, or enjoyment at some future date or time. . . . [Emphasis added.] Upon the facts the issue turns on whether the interests acquired by the minor... | |
 | 1970 - 344 pages
...future interest may be excluded in determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession or enjoyment at some future date or time. The term has no reference to such contractural rights as exist in a bond, note (though bearing no interest... | |
 | 1960 - 618 pages
...future interest may be excluded in determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession or enjoyment at some future date or time. The term has no reference to such contractual rights as exist in a bond, note (though bearing no interest... | |
 | 1968 - 322 pages
...future interest may be excluded in determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions,...possession or enjoyment at some future date or time. The term has no reference to such contractural rights as exist in a bond, note (though bearing no interest... | |
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