15 USC § 1523 - Tax status of gifts and bequests of property

---
identifier: "/us/usc/t15/s1523"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 1523 - Tax status of gifts and bequests of property"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "1523"
section_name: "Tax status of gifts and bequests of property"
chapter_number: 40
chapter_name: "DEPARTMENT OF COMMERCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 88–611, § 2, Oct. 2, 1964, 78 Stat. 991.)"
---


# § 1523. Tax status of gifts and bequests of property

section 1522 of this title

For the purpose of Federal income, estate, and gift taxes, property accepted under  shall be considered as a gift or bequest to or for the use of the United States.

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**Source Credit**: (Pub. L. 88–611, § 2, Oct. 2, 1964, 78 Stat. 991.)

## Editorial Notes

### Codification

Section was formerly classified to  prior to the general revision and enactment of Title 5, Government Organization and Employees, by , , .