 | United States. Court of Claims - 1946 - 906 էջ
...Regulations 79 (1933 Ed.) gave, in Article 19, the conventional definition of value. It said "The value of property is the price at which such property would...buyer and a willing seller, neither being under any compulsion to buy or sell." This meaning of value is used for all sorts of legal purposes, such as... | |
 | United States. Internal Revenue Service - 1933 - 98 էջ
...the value thereof at the date of the gift shall be considered the amount of the gift. The value of property is the price at which such property would...neither being under any compulsion to buy or to sell. Where the property is sold within a reasonable period after the date of the gift, and it is shown that... | |
 | United States. Bureau of Internal Revenue - 1936 - 104 էջ
...property. — (1) General. — The statute provides that if the gift is made in property, the value thereof at the date of the gift shall be considered the amount...neither being under any compulsion to buy or to sell. The value of a particular kind of property is not to be determined by a forced sale price or by an... | |
 | 1940 - 1806 էջ
...property — (a) General. The statute provides that if the gift is made in property, the value thereof , or rights to property, subject to distraint, upon...has been made, shall, upon demand by the collector The value of a particular kind of property is not to be determined by a forced sale price. Such value... | |
 | 1939 - 1030 էջ
...statute provides that if the gift is made in property, the value thereof at the date of the gift shall DC considered the amount of the gift. The value of the...neither being under any compulsion to buy or to sell. The value of a particular kind of property is not to be determined by a forced sale price or by an... | |
 | United States. Internal Revenue Service - 1941 - 664 էջ
...follows: (1) General. — The statute provides that if the gift is made in property, the value thereof at the date of the gift shall be considered the amount...neither being under any compulsion to buy or to sell. The value of a particular kind of property is not to be determined by a forced sale price. Such value... | |
 | 1960 - 1580 էջ
...considered the amount of the gift. (b) Where property Is transferred for less than an adequate and full consideration in money or money's worth, then...knowledge of relevant facts. The value of a particular kind of property is not the price that a forced sale of the property frould produce. The value is generally... | |
 | 1982 - 640 էջ
...is not a debt obligation for purposes of this subparagraph. [TD 7296, 38 FR 34202, Dec. 12, 1973] § 25.2512-1 Valuation of property; in general. Section...any compulsion to buy or to sell, and both having reasonChapter I — Internal Revenue Service able knowledge of relevant facts. The value of a particular... | |
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The value of the property is the price at which such property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell, and both having reasonable knowledge of relevant facts. 
