 | United States. Court of Claims - Law reports, digests, etc - 1946 - 936 pages
...determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions, remainders, and other interests...possession, or enjoyment at some future date or time. * * * But a future interest or interests in such contractual obligations may be created by the limitations... | |
 | United States. Bureau of Internal Revenue - Gifts - 1936 - 104 pages
...is $4,000. 15 amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions, remainders, and other interests...or enjoyment at some future date or time. The term has no reference to such contractual rights as exist in a bond, note (though bearing no interest until... | |
 | Administrative law - 1939 - 1030 pages
...determining the total amount of gifts made during the calendar year. "Future interests" is a legal term, and includes reversions, remainders, and other interests...or enjoyment at some future date or time. The term has no reference to such contractual rights as exist in a bond, note (though bearing no interest until... | |
 | United States. Tax Court - Law reports, digests, etc - 1967 - 786 pages
...Sec. 25.2503-3. Future Interests In property. (a) • • • "Future Interests" Is a legal term, and Includes reversions, remainders, and other Interests...particular Interest or estate, which are limited to commerce In use, possession or enjoyment at some future date or time. * • • On the other hand,... | |
 | United States. Supreme Court - Taxation - 1945 - 446 pages
...statute and the regulation. The latter provides: Art. 11. ... "Future interests" is a legal term, and includes reversions, remainders, and other interests...possession, or enjoyment at some future date or time. . . . [Emphasis added.] Upon the facts the issue turns on whether the interests acquired by the minor... | |
 | Administrative law - 1998 - 672 pages
...upon the receipt by the donee of a formally executed and acknowledged deed of gift. Section 170(f) and this subparagraph have no application in respect...understanding, arrangement, agreement, etc. (whether 26 CFR Ch. I (4-1-98 Edition) written or oral) with the charitable organization which has the effect... | |
 | Administrative law - 2003 - 736 pages
...organization's right to possession or enjoyment of the chandelier is to commence. For purposes of section 170(0 and this subparagraph, the term future interest has...term future interest includes situations in which a 26 CFR Ch. I (4-1-03 Edition) donor purports to give tangible personal property to a charitable organization,... | |
 | Administrative law - 1970 - 750 pages
...has generally the same meaning as it has when used in section 2503, relating to taxable gifts, see I 25.2503-3 of Part 25 of this chapter (Gift Tax Regulations),...understanding, arrangement, agreement, etc. (whether written or orai) with the charitable organization which has the effect of reserving to, or retaining in. such... | |
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Future interests" is a legal term, and includes reversions, remainders, and other interests or estates, whether vested or contingent, and whether or not supported by a particular interest or estate, which are limited to commence in use, possession, or... 
