Page:United States Statutes at Large Volume 44 Part 2.djvu/112

 Z2 SIXTY-NINTH CONGRESS. Sass. I. Cn. 27.. 1926. ¤*·¤ *¤·  and fl¤’¤&ld6!I*..iD¤—·i!Ij 0i“ "*0Y¢h, there he included in·tho·gros¤•te¤only.   _ the lair market valuaatythe tinaot ·de•tl1¤o£»tlie·p·¤operty» othennse to bemcluded on   ¤vcr·d1•<yalue of the consideration  r       V. M ‘=·2 — midi. "]°° M"'  %;eEpr_=th=<purpose~oi     net estate s§§`$liZ°is arid-° * ¥(¤)·l1n5=tl»Ic¤e  by deducting from the value of -tM¤ #|€8v+···r;·¤rZM · ."·¥   ‘ ¤¤m1li$i °°2¤p°:ii`iZ    S•th:amountsn»for»·fux1eral    n expenses, ""°’· "‘°· claims against  tmpaxd mortgagt; upon, gr any as ehtsld- _ {   ` to repentys except ·m· caselo a resi en e-    in the United States), tosthc extent that suc claims,   or indebtedness were l1w!m'¤d?—0r;·oo¤t¢·actod¤:bona» {iden an F or an adequate and full Casualty losses dur- · · iwsettlerncnt. considcrationdn money on money’s worth, lowes -mcurred durmg the Settlement of the estate   alires, storms, shipwreck, or otberwcawalty, or aEzom¤theft,=w n such losscsware not compen- satedimfgr     ¢or·ot3r:irw;ise, Jlnnlsuchfrzxnlnlillnits  Nqll an Fexpen . or e an po n e- ment of the eotatecof. those dependent uén thedecedent, as are allowed  the lawaofvthe iurisdictéong w ther within _or w1thout &“:d°§,.3{‘ ¤I,§°°'§§  , _cStates, under which-the estate is being admi°n11stef1;d, hg; · udm.-anico ta run' mereceiv ar death of the geoedldnsorlhlny   slizocoedgigh, legacy, or inheritance tI.XQS° y AQ  ·:n" ‘»° i"` _ e.{£‘}?}?5$KwZ%°.2Z°° (5B)i—An~amount equal tn, the value of sary property (Ag forming a partofwthc gross estatesituated in the!l1b0d»Stll368 o any per- 8011 éwho died within fiéwyearrs prior to the death of the decedent, or $13) transferred toathedecedent  within live years pr1or   h1s eathnvhere auch pnopertys·oan.be 1 entitled as having been rece1ved
 * y· fbdebo:ldent xm such dlohnor by gift or flip? such bgrrgr degedient

y a uct · v' or·' eritanoe or.w 'c can ‘i enti e as eg·°°rig°»t$g1¤i¤°;l°{{’l°>”r havghg been m exchange fol- pr2erty so received. This °"°°°°°""“°‘ d9dl10l·10D.$&H·» allowed only where a gi tax imploeed nmder the Revenueuact of:1924=,_or an estate tax imposed under t is or any prior Act of Congress waapaid lg cron behalf of the donor orthe estate mm"` of such priordeocdent as e case may be, and only in the amount of_ the value placed byiahe Commissioner on such ‘ property in deter- mmingjthewalueu efl=the·giftvor the groesestate o such prior dece- . . regress estate — r Il°.§`.iLa“’£`&“?aMi“ th¤:rt?§muh°Mh°.;?1Iu;¤§ml;¢3Zir°ri¤r°§;y Lil'.}; M mi {  (3§·o:ftb·i1?~subdivision; · ”     · fe o °$§;‘,,,,,,· °' *3 amount bguests lego lies· e sesortrans rs t or  °`°° an is i.;+:;°.&.;*::.P¤;;*“...*·;>°¤i;L.rs §2·‘a“.;:.§?r,:¤&5$.Z%€::; public purposes, or itu or `for‘the_use‘·of any oorpdration organized gmga exclusvrely  charitable, scxgntgiizg htlegagiy, r _ purposes, udmg eneom—a_ y gemen o a a e prevention of cruelty to   or animals, no part of the net earnings of which inures to·the, benefit of any private stockholder Omdmmo or indnvrdual, or to wtrustee or-_trt§°s•»mg a fraterrial socliiatyqvrderlk or asah W onvoperatmg under`   ut o y 1 suc contributions: or   tribe used   suc _ truxitee or trustees, or by_such     order, or_assoc1atrorr,·exclus1vely for re- ligious, charitable sc1en c, lrterary, or educational QIVLPPOSBS, or for ,,§*,,{,§§f"“°‘- °' the  of, crueltyito children or animals. o e amount of the sauaztmmeerl this paragraph for any transfer shall not exceed the value of the transferred property required to be included inthe gross estate; and