26 U.S.C. § 7520
Valuation tables
# (a) General rule
For purposes of this title, the value of any annuity, any interest for life or a term of years, or any remainder or reversionary interest shall be determined— (1) under tables prescribed by the Secretary, and (2) by using an interest rate (rounded to the nearest 2/10ths of 1 percent) equal to 120 percent of the Federal midterm rate in effect under section 1274(d)(1) for the month in which the valuation date falls. If an income, estate, or gift tax charitable contribution is allowable for any part of the property transferred, the taxpayer may elect to use such Federal midterm rate for either of the 2 months preceding the month in which the valuation date falls for purposes of paragraph (2). In the case of transfers of more than 1 interest in the same property with respect to which the taxpayer may use the same rate under paragraph (2), the taxpayer shall use the same rate with respect to each such interest.
# (b) Section not to apply for certain purposes
This section shall not apply for purposes of part I of subchapter D of chapter 1 or any other provision specified in regulations.
# (c) Tables
(1) In general The tables prescribed by the Secretary for purposes of subsection (a) shall contain valuation factors for a series of interest rate categories. (2) Revision for recent mortality charges The Secretary shall revise the initial tables prescribed for purposes of subsection (a) to take into account the most recent mortality experience available as of the time of such revision. Such tables shall be revised not less frequently than once each 10 years to take into account the most recent mortality experience available as of the time of the revision.
# (d) Valuation date
For purposes of this section, the term “valuation date” means the date as of which the valuation is made.
# (e) Tables to include formulas
For purposes of this section, the term “tables” includes formulas.
Source: view the official text
Cited by 44
- 26 CFR § 1.1471-5 — Definitions applicable to section 1471.
- 26 CFR § 1.1473-1 — Section 1473 definitions.
- 26 CFR § 1.170A-12 — Valuation of a remainder interest in real property for contributions made after July 31, 1969.
- 26 CFR § 1.170A-6 — Charitable contributions in trust.
- 26 CFR § 1.6038D-5 — Valuation guidelines.
- 26 CFR § 1.642(c)-6 — Valuation of a remainder interest in property transferred to a pooled income fund.
- 26 CFR § 1.642(c)-6A — Valuation of charitable remainder interests for which the valuation date is before June 1, 2023.
- 26 CFR § 1.664-1 — Charitable remainder trusts.
- 26 CFR § 1.664-2 — Charitable remainder annuity trust.
- 26 CFR § 1.664-4 — Calculation of the fair market value of the remainder interest in a charitable remainder unitrust.
- 26 CFR § 1.664-4A — Valuation of charitable remainder interests for which the valuation date is before June 1, 2023.
- 26 CFR § 1.7520-1 — Valuation of annuities, unitrust interests, interests for life or terms of years, and remainder or reversionary interests.
Show 32 more
- 26 CFR § 1.7520-2 — Valuation of charitable interests.
- 26 CFR § 1.7520-3 — Limitation on the application of section 7520.
- 26 CFR § 20.2031-7 — Valuation of annuities, interests for life or term of years, and remainder or reversionary interests.
- 26 CFR § 20.2031-7A — Valuation of annuities, interests for life or a term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is before June 1, 2023.
- 26 CFR § 20.2032-1 — Alternate valuation.
- 26 CFR § 20.2036-1 — Transfers with retained life estate.
- 26 CFR § 20.2055-2 — Transfers not exclusively for charitable purposes.
- 26 CFR § 20.2056(b)-5 — Marital deduction; life estate with power of appointment in surviving spouse.
- 26 CFR § 20.2056(b)-7 — Election with respect to life estate for surviving spouse.
- 26 CFR § 20.2056A-4 — Procedures for conforming marital trusts and nontrust marital transfers to the requirements of a qualified domestic trust.
- 26 CFR § 20.7520-1 — Valuation of annuities, unitrust interests, interests for life or terms of years, and remainder or reversionary interests.
- 26 CFR § 20.7520-2 — Valuation of charitable interests.
- 26 CFR § 20.7520-3 — Limitation on the application of section 7520.
- 26 CFR § 25.2512-5 — Valuation of annuities, unitrust interests, interests for life or term of years, and remainder or reversionary interests.
- 26 CFR § 25.2512-5A — Valuation of annuities, interests for life or a term of years, and remainder or reversionary interests transferred before June 1, 2023.
- 26 CFR § 25.2522(c)-3 — Transfers not exclusively for charitable, etc., purposes in the case of gifts made after July 31, 1969.
- 26 CFR § 25.2523(a)-1 — Gift to spouse; in general.
- 26 CFR § 25.2523(e)-1 — Marital deduction; life estate with power of appointment in donee spouse.
- 26 CFR § 25.2702-2 — Definitions and valuation rules.
- 26 CFR § 25.2702-3 — Qualified interests.
- 26 CFR § 25.2702-4 — Certain property treated as held in trust.
- 26 CFR § 25.2702-5 — Personal residence trusts.
- 26 CFR § 25.2702-6 — Reduction in taxable gifts.
- 26 CFR § 25.7520-1 — Valuation of annuities, unitrust interests, interests for life or terms of years, and remainder or reversionary interests.
- 26 CFR § 25.7520-2 — Valuation of charitable interests.
- 26 CFR § 25.7520-3 — Limitation on the application of section 7520.
- 26 CFR § 26.2642-2 — Valuation.
- 26 CFR § 26.2642-6 — Qualified severance.
- 26 CFR § 301.9100-8 — Time and manner of making certain elections under the Technical and Miscellaneous Revenue Act of 1988.
- 26 CFR § 54.4974-1 — Excise tax on accumulations in qualified retirement plans.
- 26 U.S.C. § 2702 — Special valuation rules in case of transfers of interests in trusts
- 26 U.S.C. § 664 — Charitable remainder trusts
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