Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 273
Holders of life or terminable interest
Official textgovinfo.govlast amended
Amounts paid under the laws of a State, the District of Columbia, a possession of the United States, or a foreign country as income to the holder of a life or terminable interest acquired by gift, bequest, or inheritance shall not be reduced or diminished by any deduction for shrinkage (by whatever name called) in the value of such interest due to the lapse of time.
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Nearby sections (25 sections)
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- 268 · Sale of land with unharvested crop
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- 270 · [§270. Repealed. Pub. L. 91–172, title II, §213(b), Dec. 30,…
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- 273 · Holders of life or terminable interest
- 274 · Disallowance of certain entertainment, etc., expenses
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- 278 · [§278. Repealed. Pub. L. 99–514, title VIII, §803(b)(6), Oct. 22,…
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- 280D · [§280D. Repealed. Pub. L. 100–418, title I, §1941(b)(4)(A), Aug.…
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