 | New York (State) - 1925 - 1586 pages
...relinquished before or after the enactment of this article. § 249-c. Valuation of estates, deductions. For the purpose of the tax the value of the net estate shall be determined by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration... | |
 | Lafayette Blanchard Gleason, Alexander Otis - 1925 - 1550 pages
...transfer, or at the time of the decedent's death. • DEDUCTIONS— ESTATES OF NONRESIDENTS SEC. 303. For the purpose of the tax the value of the net estate shall be determined — * * * (b) In the case of a nonresident, by deducting from the value of that part of his gross estate... | |
 | United States. Board of Tax Appeals - 1926 - 1616 pages
...1918 and 1921, and section 303 of the Revenue Act of 1924, are substantially the same, and provide : That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for * * * administration expenses * * * as are allowed by the laws... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...percentages graduated according to value. Section 403 (Comp. St. Ann. Supp. 1919, § 6336%d) provides that for the purpose of the tax the value of the net estate shall be determined in the case of a resident of the United States by deducting ( 1 ) funeral and administration expenses,... | |
 | United States. Board of Tax Appeals - 1926 - 1512 pages
...Scottish Rite is an authorized deduction from the decedent's gross estate under this Act, which provides : That for the purpose of the tax the value of the net estate shall be determined — * * * by deducting from the value of the gross estate * * * all bequests, legacies, devises, *... | |
 | Paul Whittier Pinkerton, Jefferson Humphrey Millsaps - 1926 - 1082 pages
...in contemplation of death within the meaning of this act. DEDUCTIONS FROM THE GROSS ESTATE Sec. 6. That for the purpose of the tax, the value of the net estate shall be determined; Resident (a) In the case of a resident, by deducting from the value of the gross estate — Debts and... | |
 | United States. Supreme Court - 1926 - 810 pages
...the Act is, a tax ' upon the transfer of the net estate ' of the decedent. § 400; 40 Stat. 1096. ' For the purpose of the tax the value of the net estate shall be determined ' by deducting certain allowances from the gross estate. § 403. By § 402 " the value of the gross... | |
 | 1926 - 1118 pages
...the Revenue Law in force at that time (Coinp. St. Ann. Supp. ]923, § 6336%d), provides as follows: "(a) In the case of a resident, by deducting from the value of the gross estate — "(1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | 1926 - 1086 pages
...Revenue Law in force at that time (Сотр. St. Ann. Supp. 3923, § бЗЗбз^а), provides as follows: "(a) In the case of a resident, by deducting from the value of the gross estate — "(1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | United States. Internal Revenue Service - 1926 - 618 pages
...all property, real or personal, tangible or intangible, wherever situated — Section 203 provided that, for the purpose of the tax, the value of the net estate should be determined by making certain deductions, including such other charges against the estate... | |
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That for the purpose of the tax the value of the net estate shall be determined— (a) In the case of a resident, by deducting from the value of the gross estate... 
