SIXTY·FIFTH CONGRESS. Sess. 111. Ch. 18. 1919. 1097 10 per centum of the amoimt by which the net estate exceeds ”"*” "¤· $1,000,000 and does not exceed $1,500,000; 12 per centum of the amount by which the net estate exceeds $1,500,000 and does not exceed $2,000,000; 14 per centum of the amount by which the net estate exceeds $2,000,000 and does not exceed $3,000,000; 16 per centum of the amount by which the net estate exceeds $3,000,000 and does not exceed $4,000,000; 18 per centum of the amoimt by which the net estate exceeds $4,000,000 and does not exceed $5,000,000; 20 per centum of the amount by which the net estate exceeds $5,000,000 and does not exceed $8,000,000; 22 per centum of the amount by which the net estate exceeds $8,000,000 and does not exceed $10,000,000; and S 25 peiéoeaentum of the amount by which the net estate exceeds 10,000, . The taxes imposed by this title or b Title II of the Revenue Act ,,§',,‘§,‘$,,;;‘,‘,{{,1,",f.’§ of 1916 (as amended by the Act entitle<i"An, Act to preside increased *g'g¢·$ lm revenue to defray the exggnses of the increased appropriations for .4¤£.,£i,:»I24. the Army and Navy and thextensions of fortifications and for other purposes," apgroved March 3, 1917) or by Title IX of the Revenue Act of 1917, s all not apply to the t or of the_nst estate of any decedent who has died or may die while serving m the military or naval forces of the United States in the present war or from injuries mp MI d <* ¤¤**¤¤¤ received or disease contracted while in such service, and any such tax collected upon such transfer shall be refunded to the executor. Sec. 402. That the value of the gross estate of the decedent shall ,g,,d,,,L be determingil by including thebyalueat thebtiime lo; his death aid all propert ,re orpersona,tangi eormt e,w reversiua —· , _ (a) lh the extent of the interest t& of the decedent at the ,,,§§,'}{_°°‘ ‘° “°‘“""" time of his death which after his death is subject to the payment of the charges against his estate and the expenses of its administration and is su ject to distribution as part of his estate; (b) To the extent of any interest therein of the surviving spouse, ,,,£°,§Q§_ °' °°“"°" existing at the time of the decedent’s death as dower, courtesy, or by virtue of a statute creating an estate in lieu of dower or courtesy; (c) To the extent of any interest therein of which the decedent ,,,‘§,‘,,'§;,,°',,‘§,;,‘g{ "‘““‘ has at any time made a transfer, or with respect to which he has at any time created a trust, in contemplation of or intended to take effect in possession or enjoyment at or after his death (whether such transfer or trust is made or created before or after the (passage of this Act), except in case of a bona fide sale for a fair consi eration in PM mmm wm money or money’s worth. Any transfer of a material part of his an two yam masses. pro erty in the nature of a final disposition or distribution thereof, medic by the decedent within two gears prior to his death without such a consideration, shall, unlesss own to the contrary, be deemed ttgigiave been made in contemplation of death within the meaning of tit e; (d) To the extent of the interest therein held jointly or as tenants ¤_,§*;g§*°'l°‘¤* ‘¤“’· in the entirety by the decedent and any other person, or deposited m ' banks or other institutions in their jomt names and payable to either or_ the survivor, except such Kart thereof as may be shown to have origilnalllycgdelonged to such ct er person and never to have belonged to the ent· (e) To the extent of any property imder a general power ww .`}”§`§’pa‘$Z.` of appointment exercised by the dece ent (1) bly will, or (2) by deed ¤¤ · executed in contemplation of, or intended to ta e effect in possession or enjoyment at or after, his death, except in case of a bona fide sale for a fan- consideration in money or mcney’s worth; and
