Page:United States Statutes at Large Volume 43 Part 1.djvu/335

304 SIXTY-EIGHTH CONGRESS. Sess. I. Ch. 234. 1924. men Mx- 18 per centum of the amount by which the net estate exceeds $1,500,000 and does not exceed $2,000,000, _ 21 per centum of the amount by which the net estate exceeds $2,000,000 and does not exceed $3,000,000, $32(;tOOp(;z(§·0cen(§11(h1 of the am<&u§g0b)y)0v(;(h1ch the net estate exceeds an oes no excee · 27 per centum of the amount, by, which the net estate exceeds $4,000,000 and does not exceed $5,000,000, $530 pggo cengucni of the aging; by which the net estate exceeds 000 an oes not exc 000000· as per centum of the amount, by, which the net estate exceeds $8,000,000 and does not exceed $10,000,000; $1g000;6e5·00oentum of the amoimt by which the net estate exceeds “g{g,d*‘°,c°i‘°"&*$*g{ (h) The- tax by this section shall be credited with the Bmesecc. _ amount of any estate, mheritance, legacy, or succession taxes actu- M _ ally paid to any State or Territory or the District of Columbia, in “¤¤"”°· respect of any propertyuncluded in the gross estate. The credit éaglowed bydthistiubdivimon shall not exceed 25 per centum of the x impose y is sec ion. °*’°“°°°§“~ Sec. _302. The value of the gross estate of the decedent shall be Y'°P°*’*Y*”°'°**°'*°°· determined by mcluding the value at the time of his death of all ptrgncperty, rea or personal, tangible or intangible, wherever situa .-.. ¤,§gg{*j°‘ “’ °‘*‘”’“*“‘ _ (a) To_ the extent of the interest therein of the decedent at the time of his death which after his death is subject to the payment of thezl and the expenses of its administration ,_=;_»;-»- ·»······y ¤»- ““;t$S it 332 extent J? JiF§°?.1t2£€'{¥13I£1]$‘€,$§°siuaeag Spam, existing at the time of the decedent’s death as dower, curtesy, or Tmsfm in com by virtue of a statute creating an estate 1D l1eu of dower or curtesy; wmphtim, 0,dm,,_ (c) To the extent of any mterest therem of which the decedent has at any time made a transfer, or with respect to which he has at any time created a trust, in contemplation of or intended to take effect m possession or enjoyment at or after his death, except in case within two of ahboix. fide sale for a fair consideration in money or money’ ,6,,, ,m,,,,,,d_ wort . nly transfer of a material part of his protperty m the nature of a final isposition or distribution thereof, ma e by the decedent withm two years prior to his death without such a consideration, shall, unless shown to the contrary, be deemed to have been made mvmbb mmm in contemplation of death within the meaning of Part I of this title; ,,,4,,, ,0,,,,,,,, ,,,,_ (d) To the extent of any interest therein of which the decedent has at any time made a transfer, or with respect to which he has at any time created_a trust, where the enjoyment thereof was subject at the dag; ofblnsddeatlh gg any change through the_exercise of a polwégxg 3; aa; y ni ec eni alone or in conjunction with_ any pe , h , amen , or revo_ e, or where the decedent relinquished any spig pciwer in contemplationpf his death, except in case of a Emma, Mm mw na e sa e for a fair consideration in money or money’s worth; ests,etc. (e) To the extent of the interest therein held as joint tenants by . the gecegenh ang any other person, or as_ tenants by the entirety by e ece en an _ spouse, or deposited, with any person carrying on EMM, 3:; l;;1Iiln;1(grb1;s{n:1;es€,,Sm ltheirrjohgt nannes and pnjéabjh to eitheir or uc a er originally beilongeg to sucli) other plgtisoils aliixiiyneveisi tdmliai; bg; PWM. recéexyed or_acqu1red by the latter from the decedent for less than tgtmwxg, www a air consideration in money or mone ’s worth: Provided, That m ° °°t’ °°°' Whew such P}'0P€¥‘ty 0i' filly part thereof; or part of the consideration with which such property was acquired, is shown to have been at any time acquired y such other person from the decedent for