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.)
 

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