15-U.S.C.-1523

§1523 – Tax Status of Gifts and Bequests of Property

Pathway

Title 15 > Chapter 40 > Section 1523

Details

• Reference: Section 1523
• Legend: §1523 – Tax Status of Gifts and Bequests of Property
• USCode Year: 2013

Provision Content

For the purpose of Federal income, estate, and gift taxes, property accepted under section 1522 of this title shall be considered as a gift or bequest to or for the use of the United States.

(Pub. L. 88–611, §2, Oct. 2, 1964, 78 Stat. 991.)

Codification

Section was formerly classified to section 608b of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.

U.S. Encyclopedia of Law Coverage

15-U.S.C.-1515 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-1515, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 15 (Commerce And Trade) guided by subject interests.