Examples of Federal gross estate in a sentence
Unless the context otherwise clearly requires, the following terms used in this chapter shall have the following meanings: (1) "Federal gross estate" means the gross estate of a decedent as valued and otherwise determined for federal estate tax purposes by federal taxing authorities pursuant to the provisions of the Internal Revenue Code.
The trust instrument has no provisions which would cause assets which the seller transfers to the IDIT to be included in the seller’s Federal gross estate.
Federal gross estate" means the gross estate of a decedent as determined by the assessor in accordance with the Code, except that, notwithstanding the Code, Section 2035, the value of the gross estate includes the value of all taxable gifts as defined under the Code, Section 2503(a) made by the decedent during the 1-year period ending on the date of the decedent's death, but does not include the value of taxable gifts made prior to January 1, 2008.[PL 2009, c.
The IRS also asserted that the assets sold to the IDIT by Mr. Woelbing should be included in his Federal gross estate under IRC Secs.
Federal gross estate" means the gross estate of a decedent as determined by the assessor in accordance with the Code.
Credit for State taxes: An estate is allowed a credit for State death taxes, including estate, inheritance, legacy, or succession taxes, actually paid by the estate or any heir with respect to property included in the Federal gross estate.
Rhode Island estate tax from page 1, part 2, line 4 1 Federal gross estate.
Rhode Island estate tax - from part 2, line 4 above .....................................................................................................1.2. Federal gross estate ....................................................................................3.
Unless the context otherwise clearly requires, the following terms used in this chapter shall have the following meanings:(1) "Commissioner" means the commissioner of revenue or any person to whom the commissioner has delegated functions under this chapter.(2) "Federal gross estate" means the gross estate of a decedent as required to be valued and otherwise determined for federal estate tax purposes under the Internal Revenue Code.
Most of these cases involved the question of whether or not valuation discounts were available for inter- ests in a limited partnership or limited liability company included in a decedent’s Federal gross estate.