26-U.S.C.-2661

§2661 – Administration

Pathway

Title 26 > Subtitle B > Chapter 13 > Subchapter G > Section 2661

Details

• Reference: Section 2661
• Legend: §2661 – Administration
• USCode Year: 2013

Provision Content

Insofar as applicable and not inconsistent with the provisions of this chapter—

(1) except as provided in paragraph (2), all provisions of subtitle F (including penalties) applicable to the gift tax, to chapter 12, or to section 2501, are hereby made applicable in respect of the generation-skipping transfer tax, this chapter, or section 2601, as the case may be, and

(2) in the case of a generation-skipping transfer occurring at the same time as and as a result of the death of an individual, all provisions of subtitle F (including penalties) applicable to the estate tax, to chapter 11, or to section 2001 are hereby made applicable in respect of the generation-skipping transfer tax, this chapter, or section 2601 (as the case may be).

(Added Pub. L. 99–514, title XIV, §1431(a), Oct. 22, 1986, 100 Stat. 2728.)

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.

U.S. Encyclopedia of Law Coverage

26-U.S.C.-2642 in the Legal Encyclopedia: Tax on Transfers

In this entry about 26-U.S.C.-2642, find legal reference material, bibliographies and premiere content related to tax on transfers in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax on transfers-specific issues, written by authorities in the field.

Topic Map

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