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26 U.S.C. § 2101 — Tax imposed

submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 182 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Imposition

Except as provided in section 2107, a tax is hereby imposed on the transfer of the taxable estate (determined as provided in section 2106) of every decedent nonresident not a citizen of the United States.

(b) Computation of tax

The tax imposed by this section shall be the amount equal to the excess (if any) of—

(1)

a tentative tax computed under section 2001(c) on the sum of—

(A)

the amount of the taxable estate, and

(B)

the amount of the adjusted taxable gifts, over

(2)

a tentative tax computed under section 2001(c) on the amount of the adjusted taxable gifts.

(c) Adjustments for taxable gifts
(1) Adjusted taxable gifts defined

For purposes of this section, the term “adjusted taxable gifts” means the total amount of the taxable gifts (within the meaning of section 2503 as modified by section 2511) made by the decedent after December 31, 1976, other than gifts which are includible in the gross estate of the decedent.

(2) Adjustment for certain gift tax

For purposes of this section, the rules of section 2001(d) shall apply.

Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 397; Pub. L. 89–809, title I, § 108(a), Nov. 13, 1966, 80 Stat. 1571; Pub. L. 94–455, title XX, § 2001(c)(1)(D), Oct. 4, 1976, 90 Stat. 1850; Pub. L. 100–647, title V, § 5032(a), (c), Nov. 10, 1988, 102 Stat. 3669; Pub. L. 101–239, title VII, § 7815(c), Dec. 19, 1989, 103 Stat. 2415; Pub. L. 103–66, title XIII, § 13208(b)(3), Aug. 10, 1993, 107 Stat. 469; Pub. L. 107–147, title IV, § 411(g)(2), Mar. 9, 2002, 116 Stat. 46.)

history & why it existsrecord from the source credit
  • 1954Enacted · Act of Aug. 16, 1954, ch. 736
  • 1966Amended · Pub. L. 89-809 · 80 Stat. 1571
  • 1976Amended · Pub. L. 94-455 · 90 Stat. 1850
  • 1988Amended · Pub. L. 100-647 · 102 Stat. 3669
  • 1989Amended · Pub. L. 101-239 · 103 Stat. 2415
  • 1993Amended · Pub. L. 103-66 · 107 Stat. 469
  • 2002Amended · Pub. L. 107-147 · 116 Stat. 46

A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.

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