778 SIXTY—FOU"RTH CONGRESS. Sess. I. C11. 463. 1916. ¤¤=·¤= *¤· a trust, in contemaplation of or intended to take effect in possession or en'oyment at or ter his death, except m case of a bona fide sale for P¤¤*¤¤¤¤*¤"*°**¤ a fair consideration in, money or money’s worth. Any transfer of a °°'° y°°”` material part of his pro rty in the nature of a final disposition or distribution thereof, mad): by the decedent within two {pers prior to his death withouliicsluch iaiaconsideratugxég shall, sj ownftg this contrary, be dee to ve been m in con m on o ea `thin th meanin of this title· and ,,,,,ET*°"° °"°1"""“'“ w1(c) To (ilhe exterigt of the intefest therein held jointly or as tenants in the entirety by the decedent and any other person, or deposited in banks or other institutions thirt§1eix1i;);1ames and bgayilable tp either th survivor, except suc art as may s own 0 ave giiigirilally bézlonged to such other person and never to have belonged to the dece ent. siwmmk mi .el`i"if.l5`°t*§"f*Z?$°eee°f -‘(f§§e"i.i1°ee.e“'€§i Q5‘.$¤‘l?e“`e°2§‘L‘5§3',£’.‘Z,'§.‘Z‘}‘Z§.’ $.l1‘i€Z the United States, and any property} of which the decedent has_made a transfer or with respect to which e has created a trust, within the meaning of subdivision (b) of this section, shall be deemed to be situated in the United States, if so situated either at the time of the gi-ansfer or the creation of the trust, or at the time of the decedent’s eath. veiee olnetestato. Sec. 203. That for the purpose of the tax the value of the net ,,,,I],‘§‘}“""°“’ °° dm" estate shall be determined- _ R·=*d·¤*¤· (a) In the case of a resident, by deducting from the value of the grow estatc— reee¤1,eumm¤n·e- (1) Such amounts for funeral expenses, administration expenses,
claims against the estate, unpaid mortgngleg losses incurred during
the settlement of the estate arising from , storms, shipwreck, or other casualty, and from theft, when such losses are not compensated P urmg for by msmance or otherwise, sup ort d the settlement of the estate of those dependent upon the decedent, and such other charges ag:nst the estate, as are allowed lay the laws of the cllunsdiction, yr bcther or wgthouti the Unite States, under whi the estate is in admimstere ; an emeeums. n caseoanonresxeu, eucm m evueo §°’°°°‘ lil i“€£‘§“"’“°’i°f ”°’°°°.i t the e t- fre ei e { that part of his Sgross estate which at the time of death is situated Proper e se een m the United tates that pro ortion of the deductions specified in ""°""‘°‘°“"""°“‘ paragraph (1) of subdivision ih) of this section which the value of such part bears to the value of his entire gross estate, wherever new-eereqiuree. situated. But no deductions shall be allowed in the case of a nonresident imless the executor includes in the retum required to be yep, filed under section two hundred and five the value at the time of his death of that gart of the gross estate of the nonresident not situated m éhe Unitedrhtates. han be d af Pvmmn nc. 204. at the tax s ue one year ter the deced t’ m“°°“”°°"°`°°'L geath. If the tax is paid befx iscgupna dislcount at the rag of ve per centum per annum, a t tim t ` lnvmc ¤ waved- made to the date when the tax is due, shall lil; deducted,. pil`iIi;1li’ei1ta§ is not paid within ninety days after it is due interest at the rate of ten per centum per annum from the time of the decedent’s death shall “§§;;§*,g§*;b;gj“';°‘ be added as part_of the tax, unless because of claims against the estate, necessary litigation, or other unavoidable delay the collector finds that the tax can not be determined, in which case the interest shall be at the rave of six per centum per annum from the time of the decedent’s death until the cause of such delay is removed, and there- _ after at the rate of ten per centum per annum. Litigation to defeat hmmm the payment of the tax shall not be deemed necessary litigation. N°°‘°°‘°°°""’°°’· Sec. 205. That the executor, within thirty days after qualif ing as such, or after coming into possession of any property of the dYece~
