Gifts and bequests received by the Board under this chapter, and the income from them are exempt from taxes.
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44 U.S. Code § 2308 - Tax exemption for gifts
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Historical and Revision Notes
Based on 44 U.S. Code, 1964 ed., § 300gg (July 9, 1941, ch. 284, § 7, 55 Stat. 582).