[Code of Federal Regulations]
[Title 26, Volume 4]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.303-1]

[Page 17]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.303-1  General.

    Section 303 provides that in certain cases a distribution in 
redemption of stock, the value of which is included in determining the 
value of the gross estate of a decedent, shall be treated as a 
distribution in full payment in exchange for the stock so redeemed.