 | United States. Court of Claims - Law reports, digests, etc - 1929 - 868 pages
...of dower or curtesy ; * * *." Section 403 of the revenue act of 1921 provides, in part as follows: " That for the purpose of the tax the value of the net...expenses, claims against the estate, unpaid mortgages upon, or any indebtedness in respect to, property, * * *, losses incurred during the settlement of... | |
 | United States. Court of Claims - Law reports, digests, etc - 1928 - 766 pages
...after the passage of this act. whether a resident or nonresident of the United States." " SEC. 403. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — ***** "(3) The amount of all bequests, legacies, devises, or gifts, to or for the... | |
 | United States. Court of Claims - Law reports, digests, etc - 1941 - 708 pages
...Section 403 (a) (1) of the Revenue Act of 1921 (42 Stat. 279) allows deductions, among others, for — Such amounts for funeral expenses, administration...expenses, claims against the estate, unpaid mortgages upon, or any indebtedness in respect to, property (except in the case of a resident decedent, where... | |
 | American Museum of Natural History - Natural history - 1918 - 560 pages
...final result is most gratifying. The Revenue Bill, adopted by the Senate and House, reads: Sec. 403. That for the purpose of the tax the value of the net...deducting from the value of the gross estate — (1) *** (2) *** (3) The amount of all bequests, legacies, devises, or gifts, to or for the use of the United... | |
 | Law reports, digests, etc - 1928 - 1130 pages
...403 (a) (2) of the Revenue Act of 1918 (Сотр. St. § 6336 %d), which read as follows: "Sec. 403. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — • •••••• "(2) An amount equal to the value at the time of the decedent's... | |
 | Law reports, digests, etc - 1921 - 956 pages
...hie death of all property, real or personal, tangible or intangible, wherever situated." Section 203: "For the purpose of the tax the value of the net estate...against the estate, unpaid mortgages, losses incurred daring the settlement of the estate arising from fires, storms, shipwreck, or other casualty, and from... | |
 | Law reports, digests, etc - 1917 - 1258 pages
...gross estate shall be determined ; section 203, that the value of the net estate shall be determined in the case of a resident by deducting from the value of the gross estate "(1) [Certain allowances, as hereinafter particularly stated] ; (2) an exemption of $50,000." Section 207... | |
 | United States, Guaranty Trust Company of New York - Inheritance and transfer tax - 1917 - 60 pages
...time of the transfer or the creation of the trust, or at the tune of the decedent's death. Sac. 203. That for the purpose of the tax the value of the net...administration expenses, claims against the estate, unpaid mortgagees, losses incurred during the settlement of the estate arising from fires, storms. shipwreck,... | |
 | United States. Congress. House. Committee on Ways and Means - Income tax - 1918 - 622 pages
...day of March, 1901." 1918, in the Senate, proposes to nuike such exemption in the following language "That for the purpose of the tax the value of the net estate shall be determined («) in the case of a resident by deducting from the value of the gross estate * * * all bequests,... | |
 | United States - 1919 - 460 pages
...beneficiaries as insurance under policies taken out by the decedent upon his oirn life. Sec. JfOS. That for the purpose of the tax the value of the net...(a) In the case of a resident, by deducting from the vnlite of the gross estate — (J) Such amounts for funeral expenses, administration expenses, claims... | |
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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... 
