 If the property was acquired by bequest, devise, or inheritance, or by the decedent's estate from the decedent, the basis shall be the fair market value of such property at the time of such acquisition.  Laws of the State of New York - Page 1032by New York (State) - 1954Full view - About this book
 | United States, United States. Congress. House. Committee on Ways and Means - Finance - 1936 - 308 pages
...market value of such property at the time of such acquisition. (5) PEOPEBTY TEANSMITTED AT DEATH. — If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, the basis shall be the fair market value of such property at the time of such acquisition. In the case... | |
 | United States. Internal Revenue Service - Income tax - 1936 - 604 pages
...property shall be the cost of such property ; except that — ] (5) PBOPERTY TRANSMITTED AT DEATH. — If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, the basis shall be the fair market value of such property at the time of such acquisition. In the case... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 780 pages
...market value of such property at the time of such acquisition. (5) PROPERTY TRANSMITTED AT DEATH. — If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, the basis shall be the fair market value of such property at the time of such acquisition. In the case... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - Internal revenue - 1938 - 700 pages
...market value of such property at the time of such acquisition. (5) PROPERTY TRANSMITTED AT DEATH. — If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, the basis shall be the fair market value of such property at the time of such acquisition. In the case... | |
 | United States. Congress. Senate. Committee on Finance - Finance - 1938 - 768 pages
...the law applicable to the year in which the transfer was made. (5) Properly transmitted at death. — If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, the basis sball be the fair-market value of such property at the time of such acquisition. It will... | |
 | Administrative law - 1939 - 1030 pages
...the Revenue Act of 1936 is amended by adding at the end thereof a new sentence to read as follows : "If the property was acquired by bequest, devise,...inheritance, or by the decedent's estate from the decedent, and if the decedent died after the date of the enactment of the Revenue Act of 1937, and if the property... | |
 | Administrative law - 1940 - 1806 pages
...shall be deemed to be property passing from the individual exercising such power by bequest or devise. of trade or commodity exchange. This subsection and if the decedent died after August 26, 1937, and If the property consists of stock or securities... | |
 | Administrative law - 1941 - 1688 pages
...shall be deemed to be property passing from the individual exercising such power by bequest or devise. If the property was acquired by bequest, devise, or...inheritance, or by the decedent's estate from the decedent, and If the decedent died after August 26, 1937, and If the property consists of stock or securities... | |
 | United States - Law - 1953 - 1744 pages
...shall be deemed to be property passing from the individual exercising such power by bequest or devise. and if the decedent died after August 26, 1937. and if the property consists of stock or securities... | |
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