The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1982 The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. |
Other editions - View all
Common terms and phrases
agreement allowed amended by T.D. amount annuity apply assets basis beneficiary bonds calendar quarter capital gain charge charitable cluded computed consent considered corpus dece decedent decedent's death decedent's gross estate December 31 deposit described in section determined distribution dividend donee spouse donor earnings and profits elec election under section erty Example exchange executor exercise extent fair market value Federal estate tax filed fund gift tax graph gross income imposed included income tax installment Internal Revenue Code Internal Revenue Service investment January June 11 lease limitation marital deduction ment mortgage obligation October 21 option paid payable payment percent period person portion power of appointment purposes pursuant qualified real property received regulations remainder residence respect rules shareholder spect subparagraph surviving spouse taxable gifts taxpayer terest term termination tion trade or business transfer treated trust United valuation vessel
Popular passages
Page 408 - ... no substantial part of the activities of which is carrying on propaganda, or otherwise attempting, to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of any candidate for public office.
Page 144 - ... it has been established to the satisfaction of the Secretary or his delegate that such exchange is not in pursuance of a plan having as one of its principal purposes the avoidance of Federal income taxes.
Page 371 - ... for his life or for any period not ascertainable without reference to his death or for any period which does not in fact end before his death...
Page 330 - 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 sell and both having reasonable knowledge of relevant facts.
Page 242 - The obligations of a State, a Territory, or a possession of the United States, or any political subdivision of any of the foregoing, or of the District of Columbia...
Page 518 - 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...
Page 9 - States; or (c) if through any contract or understanding it is so arranged that the majority of the voting power may be exercised, directly or indirectly, in behalf of any person who is not a citizen of the United States...
Page 605 - Secretary (except where the deficiency is due to negligence, to intentional disregard of rules and regulations, or to fraud with intent to evade tax...
Page 9 - That within the meaning of this Act no corporation, partnership, or association shall be deemed a citizen of the United States unless the controlling interest therein is owned by citizens of the United States, and, in the case of a corporation, unless its president and managing directors are citizens of the United States...
Page 408 - Columbia, for exclusively public purposes, or to or for the use of any corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes...