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26 U.S.C. § 2524Extent of deductions

submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 33 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The deductions provided in sections 2522 and 2523 shall be allowed only to the extent that the gifts therein specified are included in the amount of gifts against which such deductions are applied.

Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 414.)

history & why it existsrecord from the source credit
  • 1954Enacted · Act of Aug. 16, 1954, ch. 736

A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.

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