Treasury Regulations (26 C.F.R.)
26 CFR § 20.2001-2
Valuation of adjusted taxable gifts for purposes of determining the deceased spousal unused exclusion amount of last deceased spouse.
# (a) General rule.
Notwithstanding § 20.2001-1(b), §§ 20.2010-2(d) and 20.2010-3(d) provide additional rules regarding the authority of the Internal Revenue Service to examine any gift or other tax return(s), even if the time within which a tax may be assessed under section 6501 has expired, for the purpose of determining the deceased spousal unused exclusion amount available under section 2010(c) of the Internal Revenue Code.
# (b) Effective/applicability date.
Paragraph (a) of this section applies to the estates of decedents dying on or after June 12, 2015. See 26 CFR 20.2001-2T(a), as contained in 26 CFR part 20, revised as of April 1, 2015, for the rules applicable to estates of decedents dying on or after January 1, 2011, and before June 12, 2015.
[T.D. 9725, 80 FR 34284, June 16, 2015]
Source: view the official text
In this part (40 sections)
- 20.0-1 · Introduction.
- 20.0-2 · General description of tax.
- 20.2001-1 · Valuation of adjusted taxable gifts and section 2701(d)…
- 20.2001-2 · Valuation of adjusted taxable gifts for purposes of…
- 20.2002-1 · Liability for payment of tax.
- 20.2010-0 · Table of contents.
- 20.2010-1 · Unified credit against estate tax; in general.
- 20.2010-2 · Portability provisions applicable to estate of a decedent…
- 20.2010-3 · Portability provisions applicable to the surviving spouse's…
- 20.2011-1 · Credit for State death taxes.
- 20.2011-2 · Limitation on credit if a deduction for State death taxes…
- 20.2012-1 · Credit for gift tax.
- 20.2013-1 · Credit for tax on prior transfers.
- 20.2013-2 · “First limitation”.
- 20.2013-3 · “Second limitation”.
- 20.2013-4 · Valuation of property transferred.
- 20.2013-5 · “Property” and “transfer” defined.
- 20.2013-6 · Examples.
- 20.2014-1 · Credit for foreign death taxes.
- 20.2014-2 · “First limitation”.
- 20.2014-3 · “Second limitation”.
- 20.2014-4 · Application of credit in cases involving a death tax…
- 20.2014-5 · Proof of credit.
- 20.2014-6 · Period of limitations on credit.
- 20.2014-7 · Limitation on credit if a deduction for foreign death taxes…
- 20.2015-1 · Credit for death taxes on remainders.
- 20.2016-1 · Recovery of death taxes claimed as credit.
- 20.2031-0 · Table of contents.
- 20.2031-1 · Definition of gross estate; valuation of property.
- 20.2031-2 · Valuation of stocks and bonds.
- 20.2031-3 · Valuation of interests in businesses.
- 20.2031-4 · Valuation of notes.
- 20.2031-5 · Valuation of cash on hand or on deposit.
- 20.2031-6 · Valuation of household and personal effects.
- 20.2031-7 · Valuation of annuities, interests for life or term of…
- 20.2031-8 · Valuation of certain life insurance and annuity contracts;…
- 20.2031-9 · Valuation of other property.
- 20.2032-1 · Alternate valuation.
- 20.2032A-3 · Material participation requirements for valuation of…
- 20.2032A-4 · Method of valuing farm real property.