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Current as of January 01, 2024 | Updated by Findlaw Staff
Gifts or bequests or devises to or for the benefit of the Library of Congress, including those to the board, and the income therefrom, shall be exempt from all Federal taxes, including all taxes levied by the District of Columbia.
Cite this article: FindLaw.com - 2 U.S.C. § 161 - U.S. Code - Unannotated Title 2. The Congress § 161. Tax exemption of gifts, etc., to Library of Congress - last updated January 01, 2024 | https://codes.findlaw.com/us/title-2-the-congress/2-usc-sect-161/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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