26 U.S.C. § 2623
Taxable amount in case of direct skip
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.
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Nearby sections (25 sections)
- 2523 · Gift to spouse
- 2524 · Extent of deductions
- 2601 · Tax imposed
- 2602 · Amount of tax
- 2603 · Liability for tax
- 2604 · Repealed. Pub. L. 113–295, div. A, title II, § 221(a)(95)(B)(i),…
- 2611 · Generation-skipping transfer defined
- 2612 · Taxable termination; taxable distribution; direct skip
- 2613 · Skip person and non-skip person defined
- 2614 · Omitted
- 2621 · Taxable amount in case of taxable distribution
- 2622 · Taxable amount in case of taxable termination
- 2623 · Taxable amount in case of direct skip
- 2624 · Valuation
- 2631 · GST exemption
- 2632 · Special rules for allocation of GST exemption
- 2641 · Applicable rate
- 2642 · Inclusion ratio
- 2651 · Generation assignment
- 2652 · Other definitions
- 2653 · Taxation of multiple skips
- 2654 · Special rules
- 2661 · Administration
- 2662 · Return requirements
- 2663 · Regulations