FEDERAL · 26 U.S.C. · Chapter 13
Taxable amount in case of direct skip
Current through Pub. L. 119-102
For purposes of this chapter, the taxable amount in the case of a direct skip shall be the value of the property received by the transferee.
Free access — add to your briefcase to read the full text and ask questions with AI
26 U.S.C. § 2623 (Taxable amount in case of direct skip) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Trust D Created Under the Last Will & Testament of Darby
234 P.3d 793 (Supreme Court of Kansas, 2010)
Citibank, N.A. v. Leahy
19 Mass. L. Rptr. 219 (Massachusetts Superior Court, 2005)
Source Credit
History
(Added Pub. L. 99–514, title XIV, §1431(a), Oct. 22, 1986, 100 Stat. 2721.)
Editorial Notes
Statutory Notes and Related Subsidiaries
Effective Date
Section applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Pub. L. 99–514, set out as a note under section 2601 of this title.
Effective Date
Section applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Pub. L. 99–514, set out as a note under section 2601 of this title.