,canada ,cu/oms                       #a
& ,rev5ue ,ag5cy

          ,9t]pret,n ,bullet9
    
,subject3 ,9come ,tax ,act
  ,9come ( ,dec1s$ ,p]sons--,f>m ,crops
,numb]3 ,,it-#bcd
,date3 ,july #ba1 #aige
,ref];e3 ,subsec;n #gj7#b7 7al subsec;n
  #gj7#a77

#a4 ,a taxpay] :o f>ms l& t he [ns or
  r5ts1 or :o r5ts l& t he [ns 6a
  %>ecropp]1 may h an 9t]e/ 9 a crop t
  is s[n b n h>ve/$4 ,": a taxpay] dies
  hav+ s* an 9t]e/1 ! ,de"p;t does n
  9si/ t any am.t repres5t+ ! value (!
  unh>ve/$ crop 2 9clud$ 9 -put+ 8
  9come1 b s* value may 2 s 9clud$ if 8
  executors s desire4 ,h["e1 except ":
  p>agraph #c 2l applies1 ! ultimate
  proce$s (! :ole crop >e subject 6tax 9
  ! gr\p -pris+ ! dec1s$1 8 e/ate & 8
  b5efici>ies4                        #a
               ,,it-#bcd             a#a
#b4 ,9 ! ev5t t ! dec1s$'s executors wi%
  69clude an am.t repres5t+ ! value (!
  unh>ve/$ crop 9 ! 9come (! dec1s$1 !
  foll[+ rules apply3
  7a7 9 ! case (a dec1s$ taxpay] :o f>m$
    l& t he [n$ or r5t$1 ! value (!
    dec1s$'s 9t]e/ 9 ! crop at ! "t ( 8
    d1? is 9clud$ 9 8 9come "u subsec;n
    #gj7#b72
  7b7 9 ! case (a dec1s$ taxpay] :o r5t$
    l& 6a %>ecropp]1 ! value (! dec1s$'s
    9t]e/ 9 ! crop at ! "t ( 8 d1? is
    9clud$ 9 8 9come "u subsec;n
    #gj7#a72 b if ! dec1s$'s executors
    wi% 6take advantage (! elective
    provi.ns1 ! ,de"p;t 3sid]s t s*
    value may 2 9clud$ "u subsec;n
    #gj7#b74
  ,any am.t s 9clud$ 9 9come reduces !
  am.t 6be 9clud$ 9 ! 9come ( 8 e/ate or
  8 b5efici>ies :5 !y rcv ! ultimate
  proce$s ( 4posi;n (! crop4
#c4 ,f>m l& =m]ly [n$ 0! dec1s$ taxpay]
  may 2 sold af 8 d1? b 2f ! crop     #b
               ,,it-#bcd             b#a
  is h>ve/$4 ,9 t ev5t1 no am.t 9
  respect (! gr[+ crop is 9clud$ 9 9come
  (! dec1s$ or 8 e/ate or b5efici>ies
  un.s ! agree;t ( sale or o!r 9/ru;t
  specifies ! crop's sell+ price4 ,": l&
  r5t$ 0! dec1s$ is n reta9$ "u l1se
  0his e/ate or b5efici>ies until ! crop
  is h>ve/$1
--------------------------------------#b
  no am.t =! crop is 9clud$ 9 9come (!
  gr\p un.s a pay;t 9 respect (! crop is
  rcvd ^u or af rel9qui%;t (! l1se4 ,if
  ! p]son :o pd s* specifi$ price1 or
  made s* a pay;t on rel9qui%;t (! l1se1
  0 ! p]son :o h>ve/$ ! crop1 he may
  deduct ! am.t 9 -put+ 8 9come4
#d4 ,reg>d.s ( h[ m* (! value (! crop is
  subject 6tax 9 ! h&s (! dec1s$
  taxpay]'s e/ate or b5efici>ies1 !y >e
  n all[$1 z deduc;ns 9 -put+ _! 9come1
  any se$+ or o!r exp5ses 9curr$ 0&
  all[$ 6! dec1s$ taxpay]4

                                      #c