CH. 11—^ESTATE TAX
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deemed to be an irrevocable disclaimer with the same full force and effect as though he had filed such irrevocable disclaimer. (b) P O W E R S OF APPOINTMENT.—Property includible in the decedent's gross estate under section 2041 (relating to powers of appointment) received by a donee described in this section shall, for purposes of this section, be considered a bequest of such decedent. (c) D E A T H T A X E S PAYABLE O U T OF BEQUESTS.—If the tax imposed by section 2001, or any estate, succession, legacy, or inheritance taxes, are, either by the terms of the will, by the law of the jurisdiction under which the estate is administered, or by the law of the jurisdiction imposing the particular tax, payable in whole or. in part out of the bequests, legacies, or devises otherwise deductible under this section, then the amount deductible under this section shall be the amount of such bequests, legacies, or devises reduced by the amount of such taxes. (d) LIMITATION ON DEDUCTION.^—The amount of the deduction under this section for any transfer shall not exceed the value of the transferred property required to be included in the gross estate. (e) DISALLOWANCE OF DEDUCTIONS IN CERTAIN C A S E S. —
For disallowance of certain charitable, etc., deductions otherwise allowable under this section, see sections 504 and 681. (f) OTHER CROSS K E F E R E N C E S. —
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(1) For option as to time for valuation for purpose of deduction under this section, see section 2032. (2) For exemption of bequests to or for benefit of Library of Congress, see section 5 of the Act of March 3, 1925, as amended (56 Stat. 765; 2 U.S.C. 161). (3) For construction of bequests for benefit of the library of the Post Office Department as bequests to or for the use of the United States, see section 2 of the Act of August 8, 1946 (60 Stat. 924; 5 U.S.C. 393). (4) For exemption of bequests for benefit of Office of Naval Records and Library, Navy Department, see section 2 of the Act of March 4, 1937 (50 Stat. 25; 5 U.S.C. 419b). (5) For exemption of bequests to or for benefit of National Park Service, see section 5 of the Act of July 10, 1935 (49 Stat. 478; 16 U.S.C. 19c). (6) For construction of devises or bequests accepted by the Secretary of State under the Foreign Service Act of 1946 as devises or bequests to or for the use of the United States, see section 1021(e) of that Act (60 Stat. 1032; 22 U.S.C. 809). (7) For construction of gifts or bequests of money accepted by the Attorney General for credit to "Commissary Funds, Federal Prisons" as gifts or bequests to or for the use of the United States, see section 2 of the Act of May 15, 1952, 66 Stat. 73, as amended by the Act of July 9, 1952, 66 Stat. 479 (31 U.S.C. 725s-4). (8) For payment of tax on bequests of United States obligations to the United States, see section 24 of the Second Liberty Bond Act, as amended (59 Stat. 48, § 4; 31 U.S.C. 757e). (9) For construction of bequests for benefit of or use in connection with the Naval Academy as bequests to or for the use of the United States, see section 3 of the Act of March 31, 1944 (58 Stat. 135; 34 U.S.C. 1115b). (10) For exemption of bequests for benefit of Naval Academy Museum, see section 4 of the Act of March 26, 1938 (52 Stat. 119; 34 U.S.C. 1119). (11) For exemption of bequests received by National Archives Trust Fund IBoard, see section 7 of the National Archives Trust Fund Board Act (55 Stat, 582; 44 U.S.C. 300gg).
§ 2055(f)
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