Glossary entry (derived from question below)
English term or phrase:
elect to treat or use an item
Polish translation:
zdecydować, czy traktować lub wykorzystać dany składnik majątkowy jako
Added to glossary by
Frank Szmulowicz, Ph. D.
Mar 27, 2019 19:57
5 yrs ago
2 viewers *
English term
elect to treat or use an item
English to Polish
Law/Patents
Law: Taxation & Customs
Jest to fragment testamentu (USA): "elect to treat or use an item, for either federal or state tax purposes, as either an income tax deduction or as a deduction for estate or inheritance tax purposes"
Jeden z obowiązków wykonawcy testamentu.
Jeden z obowiązków wykonawcy testamentu.
Proposed translations
(Polish)
3 +1 | zdecydować, czy traktować lub wykorzystać dany składnik majątkowy jako | Frank Szmulowicz, Ph. D. |
Change log
Mar 28, 2019 20:36: Frank Szmulowicz, Ph. D. Created KOG entry
Proposed translations
+1
6 hrs
Selected
zdecydować, czy traktować lub wykorzystać dany składnik majątkowy jako
propozycj
4 KudoZ points awarded for this answer.
Comment: "Dziękuję!"
Reference comments
40 mins
Reference:
elect to treat or use an item
6.2 Taxes. I authorize my executor to make the following choices or elections in my executor’s absolute discretion, regardless of the effect on any other provisions of this Will or on any person interested in my estate or in the amount of any of the taxes referred to: (a) choose a valuation date for estate or inheritance tax purposes or choose the methods to pay estate or inheritance taxes; (b) elect to treat or use an item, for either federal or state tax purposes, as either an income tax deduction or as a deduction for estate or inheritance tax purposes; (c) determine when a particular item is to be treated as taken into income or used as a deduction, to the extent the law provides that choice; and (d) disclaim all or any portion of any interest in property passing to my estate at or after my death, even though any of these actions may subject my estate to additional tax liabilities. No person adversely affected by my executor’s exercise of discretion under this clause is entitled to any reimbursement or adjustment, and my executor is not required to make any adjustment between income and principal or in the amount of any property passing under this Will as a result of my election under this provision
Peer comments on this reference comment:
agree |
mike23
10 hrs
|
Dziękuję Michale. Zawsze jest dobrze mieć szerszy kontekst przed sobą.
|
Something went wrong...