FEDERAL · 15 U.S.C. · Chapter 40

Tax status of gifts and bequests of property

Current through Pub. L. 119-102
Title 15Commerce and Trade·Ch. 40 — DEPARTMENT OF COMMERCE
For the purpose of Federal income, estate, and gift taxes, property accepted under section 1522 of this title shall be considered as a gift or bequest to or for the use of the United States.

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15 U.S.C. § 1523 (Tax status of gifts and bequests of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 88–611, §2, Oct. 2, 1964, 78 Stat. 991.)

Editorial Notes

Editorial Notes

Codification
Section was formerly classified to section 608b of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.