26 U.S.C. § 2511
Transfers in general
# (a) Scope
Subject to the limitations contained in this chapter, the tax imposed by section 2501 shall apply whether the transfer is in trust or otherwise, whether the gift is direct or indirect, and whether the property is real or personal, tangible or intangible; but in the case of a nonresident not a citizen of the United States, shall apply to a transfer only if the property is situated within the United States.
# (b) Intangible property
For purposes of this chapter, in the case of a nonresident not a citizen of the United States who is excepted from the application of section 2501(a)(2)— (1) shares of stock issued by a domestic corporation, and (2) debt obligations of— (A) a United States person, or (B) the United States, a State or any political subdivision thereof, or the District of Columbia, which are owned and held by such nonresident shall be deemed to be property situated within the United States.
Source: view the official text
Cited by 13
- 26 CFR § 20.2031-1 — Definition of gross estate; valuation of property.
- 26 CFR § 20.2044-1 — Certain property for which marital deduction was previously allowed.
- 26 CFR § 20.2056A-8 — Special rules for joint property.
- 26 CFR § 25.2207A-1 — Right of recovery of gift taxes in the case of certain marital deduction property.
- 26 CFR § 25.2501-1 — Imposition of tax.
- 26 CFR § 25.2514-1 — Transfers under power of appointment.
- 26 CFR § 25.2514-3 — Powers of appointment created after October 21, 1942.
- 26 CFR § 25.2519-1 — Dispositions of certain life estates.
- 26 CFR § 25.2523(i)-2 — Treatment of spousal joint tenancy property where one spouse is not a United States citizen.
- 26 CFR § 25.6019-3 — Contents of return.
- 26 CFR § 28.2801-3 — Rules and exceptions applicable to covered gifts and covered bequests.
- 26 U.S.C. § 2101 — Tax imposed
Show 1 more
Nearby sections (25 sections)
- 2206 · Liability of life insurance beneficiaries
- 2207 · Liability of recipient of property over which decedent had power…
- 2207A · Right of recovery in the case of certain marital deduction…
- 2207B · Right of recovery where decedent retained interest
- 2208 · Certain residents of possessions considered citizens of the…
- 2209 · Certain residents of possessions considered nonresidents not…
- 2210 · Repealed. Pub. L. 111–312, title III, § 301(a), Dec. 17, 2010,…
- 2501 · Imposition of tax
- 2502 · Rate of tax
- 2503 · Taxable gifts
- 2504 · Taxable gifts for preceding calendar periods
- 2505 · Unified credit against gift tax
- 2511 · Transfers in general
- 2512 · Valuation of gifts
- 2513 · Gift by husband or wife to third party
- 2514 · Powers of appointment
- 2515 · Treatment of generation-skipping transfer tax
- 2515A · Repealed. Pub. L. 97–34, title IV, § 403(c)(3)(B), Aug. 13,…
- 2516 · Certain property settlements
- 2517 · Repealed. Pub. L. 99–514, title XVIII, § 1852(e)(2)(A), Oct. 22,…
- 2518 · Disclaimers
- 2519 · Dispositions of certain life estates
- 2521 · Repealed. Pub. L. 94–455, title XX, § 2001(b)(3), Oct. 4, 1976,…
- 2522 · Charitable and similar gifts
- 2523 · Gift to spouse