 | Irving National Bank, New York - 1920 - 150 pages
...life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life. For the purpose of this Act stock in a domestic corporation owned and held by a non-resident decedent,... | |
 | United States - Internal revenue law - 1920 - 1052 pages
...; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries eived from partnership. (TD 2612. ) Deduction allowed to partnerships fo SBC. 403. That for the purpose of the tax the value of 0 the net estate shall be determined — estate.... | |
 | United States - Internal revenue law - 1920 - 1064 pages
...; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries om materials the growth or product of such SEC. 403. That for the purpose of the tax the value of o(D^™i0n,at;]0e; the net estate shall be determined... | |
 | United States. Congress. Senate. Committee on Finance - Internal revenue - 1921 - 836 pages
...submitted by Mr. Cox are as follows :) SUGGESTED AMENDMENTS TO TITLE IV — ESTATE TAX. SEC. 402 (f\ To the extent of the amount receivable by the executor...policies taken out by the decedent upon his own life in excels of the mim required In mttt estate, transfer, and inheritance taxes imposed by the United... | |
 | Rex Frye - Income tax - 1921 - 350 pages
...life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life. SEC. 403. That for the purpose of the tax the value Determination of the net estate shall be determined—... | |
 | United States - Law - 1921 - 642 pages
...as ReoelTj|B^ on insur" insurance under policies taken out by the decedent upon his own life; B"' '" and to the extent of the excess over $40,000 of the amount receivable a^g0653 of benefld" by all other beneficiaries as insurance under policies taken out by the decedent... | |
 | John Harold Sears - Taxation - 1922 - 732 pages
...life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life." Regulations 37, nrts. 32-34. provide: Taxable insurance. — The statute provides for the inclusion... | |
 | United States - Law - 1922 - 756 pages
...life; and to the extent of the excess over $40,000 of the amount receivable by' all other beneficiaries as insurance under policies taken out by the decedent upon his own life. (Act Nov. 23, 1921, c. 136, § 402, 42 Stat.) § 5587. Value of net estate. — For the purpose of... | |
 | Brookings Institution. Institute for Government Research - United States - 1923 - 292 pages
...property passing under a general power of appointment exercised by the decedent, and amounts received as insurance under policies taken out by the decedent upon his own life are expressly included in determining the value of the gross estate of the decedent under the new law.... | |
 | Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life. SEC. 403. That for the purpose of the tax the value of the net estate shall be determined — (a) In... | |
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To the extent of the amount receivable by the executor as insurance under policies taken out by the decedent upon his own life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies... 
