Internal Revenue Code:Sec. 2524. Extent of deductions
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Contents |
Location in Internal Revenue Code
TITLE 26 - INTERNAL REVENUE CODE Subtitle B - Estate and Gift Taxes CHAPTER 12 - GIFT TAX Subchapter C - Deductions
Statute
Sec. 2524. Extent of deductions 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.
Sources
(Aug. 16, 1954, ch. 736, 68A Stat. 414.)