SIXTYQNINTH CONGRESS. Sass. I. Cn. 27. 1926. 73 (4) An exemption of $100,000. u§b_££1¤i1x:*?:¥ af b) In the _case of a nonresident, by deducting from the value of nsmisessaa img; that part of his grossiestate which at t e time of is death is situated K,°:{,Y'°‘°‘ °' °°'“°"' infill)! Iiihimd Sm f h ded A P’°’°'“ °"""“'“ at proportion o t e uetions specm ed in ara a h 1 smash J" , ' of subdivision (a) of this section which the value of sliich giiri) WM to the value of his entire gross estate, wherever situated,!but‘ in no U,’;,*,_’§,‘S{§,_,'g’ Pm ‘¤ case shall the amount so deducted exceed 10 per centum of the value ` of that part of his estate which at the time of his death is situ- ati<;§nig11eU11ited tltiisithc I- f (A f Prmmmv M amountequa to va ue o an ro rt ormin ° , `°‘ a part of the gross estate situated in the of ahy persoig g::¤•¤6"·‘ii~i¤*:¤(i mm w 0 died within five years prior to the death of the decedent, or (B) transferred to the` decedent by gift within Eve years prior to his death, where such property canybe identified as having been received by the decedent from suchdonor bygiit or from such prior decedent by gift, bequest, devise, or inheritance, or which can be identified as having been aceigired in exchange for pro rty so received. This _,,*§°',§f,‘°§,°§,c,§°‘{g{°;f, deduction shall A allowed only where a gig; tax imposed under the ·•¢•¢•=¤x»¤d· Revenue Act of 1924, or an estate tax imposed under this or any prior Act of was paid by orion behalf of the donor or the estate of such prior decedent· as the case Jmay be, and only in the amount of the value placed by the Commissioner on such property in determining the va ue of the gift or the gross estate of such prior decedent, and only to the extent that the value of such propsrty is included in that part of the decedentfs estate which at t e time of his death is situated in the United . tes and not deducted under paragr'i;plh (1) or (3) of this subdivision J; and (3) e amount of all beqéiests, legacies, devises, or transfers, to ,,,R,$§‘,f"$§'1;,,,,°§;•,{,§’_‘Y or for the use of the United tates, any State, Territory, any politi- gg_*g:••i¤*¤· Umm cal subdivision thereof, or the District of Columbia, for exclusively public purposes, or to or for the use of any domestic corporation or anized and operated exclusively for religious, charitable, scien- tifgz, literary, or educational purposes, inclu ing the encouragement of art and the prevention of cruelty to chil ren or animals, no part of the net earnings of which inures to the benefit of anyprivate stockholder or indivi ual, or to a trustee or trustees, or a fraternal society, order, or association operating under the lodge system, but °°“°““°°’· only if such contributions or gifts are to be used within the United States by such trustee or trustees, or by such fraternal sociez, order, or association, exclusively for religious, charitable, scienti c, liter- ary, or educational purposes, orb or the prevention of cruelty to children or animals. The amount of the deduction underithisfpara· L‘m“’“°“· graph for any transfer shall not exceed the value of the trans erred propertly required to be included in the grossestate. miie) _ o deduction shall be allowed m the case of a nonresident ,,,¥‘},‘{$°f,*,°‘},,§‘,{§1,,°,§‘E ess the executor includes in the return required to be iiled under d·¤*'¤¤¤¤¤¤·¤¤=¤ msd- section 304 the value at the time of his death of that part of the gross estate of the nonresident not situated in the United States. (d) For the(ipurpose of this title, stock in a domestic corporation d§§‘{$f,§,§',§$‘§,'§‘;§g owned and hel .b a nonresident decedent shall be deemed groperty UNM 5****-
the United? States, and any roperty of whichthe ecedent
has made a transfer, by trust or otherwise within the meaning of subdivision (cg or (d). of section 302 shall be deemed to be situated in the United tates, if so situated either at the time of the transfer, or at the time of the decedent’s death; _ (ef The amount receivable as insurance iapon the life of a non- dg;'{{;°°g,”,‘}0,§’,{,’g{E TBS1 ent decedent, and any moneys deposite with ang person car- denciuopdgmoggrgp- rying on the bankin business, y or for a nonresi ent decedent °"’ ° ° ' who was not engage; in business in the United States at the time
