Page:United States Statutes at Large Volume 47 Part 1.djvu/268

 244 ESTATE TAX Rates-Con td. Value of net estate. Vol.44,p.72. Exemption of $50,000. Vol. 44, p.73. 72d CONGRESS. SESS. I. CH. 209. JUNE 6,1932 . $14,000 upon net estates of $200,000 ; and upon net estates in excess of $200,000 and not in excess of $400,000, 11 per centum in addit ion of su ch excess. $36,000 upon net estates of $400,000 ; and upon net estates in excess of $400,000 and not in excess of $600,000, 13 per centum in addition of such excess. $62,000 upop net estates of $600,000 ; and upon net estates in excess of $600,000 and not in excess of $800,000, 15 per centum in addition of such excess. $92,000 upon net estates of $800,000 ; and upon net estates in excess of $800,000 and not in excess of $1,000,000, 17 per centum in addition of such excess. $126,000 upon net estates of $1,000,000 ; and upon net estates in excess of $1,000,000 and not in excess of $1,500,000, 19 per centum in addition of such excess. $221,000 upon net estates of $1,500,000* and upon net estates in excess of $1,500,000 and not in excess of J2,000,000, 21 per centum in addition of such excess. $326,000 upon net estates of $2,000,000 ; and upon net estates in excess of $2,000,000 and not in excess of $2,500,000, 23 per centum in additi on of suc h excess. $441,000 upon net estates of $2,500,000 ; and upon net estates in excess of $2,500,000 and not in excess of $3,000,000, 25 per centum in addition of such excess. - $566,000 upon net estates of $3,000,000 ; and upon net estates in excess of $3,000,000 and not in excess of $3,500,000, 27 per centum in addition of such excess. $701,000 upon net estates of $3,500,000 ; and upon net estates in excess of $3,500,000 and not in excess of $4,000,000, 29 per centum in addit ion of su ch excess. $846,000 upon net estates of $4,000,000 ; and upon net estates in excess of $4,000,000 and not in excess of $4,500,000, 31 per centum in addition of such excess. $1,001000 upon net estates of $4,500,000 ; and upon net estates in excess of $4,500,000 and not in excess of $5,000,000, 33 per centum in additi on of suc h excess. $1,166,000 upon net estates of $5,000,000 ; and upon net estates in excess of $5,000,000 and not in excess of $6,000,000, 35 per centum in addition of such excess. $1,516,000 upon net estates of $6,000,000 ; and upon net estates in excess of $6,000,000 and not in excess of $7,000,000, 37 per centum in addition of such excess. $1,886,000 upon net estates of $7,000,000 ; and upon net estates in excess of $7,000,000 and not in excess of $8,000,000, 39 per centum in addition of such excess. $2,276,000 upon net estates of $8,000,000 ; and upon net estates in excess of $8,000,000 and not in excess of $9,000,000, 41 per centum in ad dition of such exc ess. $2,686,000 upon net estates of $9,000,000 ; and upon net estates in excess of $9,000,000 and not in excess of $10,000,000, 43 per centum in addition of such excess. $3,116,000 upon net estates of $10,000,000 ; and upon net estates in excess of $10,000,000, 45 per centum in addition of such excess. (c) For the purposes of this section the value of the net estate shall be determined as provided in Title III of the Revenue Act of 1926, as amended, except that in lieu of the exemption of $100,000 provided in section 303 (a) (4) of such Act, the exemption shall be $50,000.