calendar year 1932includes only that portion of such year after June 6, 1932.
general power of appointmentmeans a power which is exercisable in favor of the individual possessing the power (hereafter in this subsection referred to as the “possessor”), his estate, his creditors, or the creditors of his estate;
initial fractional contributionmeans, with respect to any donor, the first gift of an undivided portion of the donor’s entire interest in any tangible personal property for which a deduction is allowed under subsection (a) or (b).
preceding calendar periodmeans— For purposes of paragraph (1), the term “calendar year 1932” includes only that portion of such year after June 6, 1932.
private foundationhas the meaning given such term by section 509, except that such term shall not include any private operating foundation (as defined in section 4942(j)(3)).
qualified disclaimermeans an irrevocable and unqualified refusal by a person to accept an interest in property but only if—
qualified transfermeans any amount paid on behalf of an individual—
qualified work of artmeans any archaeological, historic, or creative tangible personal property.
taxable giftsmeans the total amount of gifts made during the calendar year, less the deductions provided in subchapter C (section 2522 and following).