term interest in property

(2) Term interest in property defined For purposes of paragraph (1), the term “term interest in property” means— (A) a life interest in property, (B) an interest in property for a term of years, or (C) an income interest in a trust.

Source

26 USC § 1001(e)(2)

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Scoping language

None identified, default scope is assumed to be the parent (part I) of this section.

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