 | 1972 - Broj stranica: 426
...by section 421 (a) . To the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation... | |
 | 1981 - Broj stranica: 698
...section 421. Therefore, to the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation... | |
 | 1984 - Broj stranica: 660
...provided by section 421(a). To the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation... | |
 | United States. Congress. House. Committee on Ways and Means - 1953 - Broj stranica: 1536
...for life. If the installment payments are received under a Joint and survivor's annuity which takes a basis equal to its fair market value at the date of the decedent's death under section 113 (a) (5) of the Internal Revenue Code (as amended by section... | |
 | United States. Internal Revenue Service - 1967 - Broj stranica: 1388
...by section 421 (a). To the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation... | |
 | 1968 - Broj stranica: 348
...section 421. Therefore, to the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation... | |
 | United States. Congress. House. Committee on Ways and Means - 1977 - Broj stranica: 428
...1. Fresh Start Adjustment for Certain Preferred Stock (Section 3 (a) (1) of the Bitt and Section 306 of the Code) Present law, — Prior to the Tax Reform...reference to the basis of Section 306 stock (Section 306 (c) (1) (C)). Thus Section 306 stock lost its taint when, by reason of the death of its owner,... | |
 | United States. Small Business Administration. Office of Advocacy - 1977 - Broj stranica: 220
...time of death or alternate value 12 date, if elected. "Value", according to the Regulations, is the fair market value at the date of death or alternate valuation date. Fair market value is defined as the "price at which the property would change hands between a willing... | |
 | United States. Congress. House. Committee on Ways and Means - 1987 - Broj stranica: 312
..."Stepped-up Basis" Rule Present Law The cost or basis of property acquired from or passing from a decedent is its fair market value at the date of death (or alternate valuation date if that date is elected for estate tax purposes). The basis of property acquired from or passing from... | |
 | United States. Congress. Joint Committee on Taxation - 1991 - Broj stranica: 122
...includes the item in gross income (sec. 691(c)). The cost or basis of property acquired from a decedent is its fair market value at the date of death (or alternate valuation date if that date is elected for estate tax purposes). This basis often is referred to as a "stepped-up... | |
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Therefore, to the extent the option is so exercised, in whole or in part, it will acquire a basis equal to its fair market value at the date of the employee's death or, if an election is made under section 2032, its value at its applicable valuation date.... 
