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26 U.S.C. § 2623Taxable amount in case of direct skip

submitted 40 years ago by Pub. L. 99-514 to r/title-26-INTERNAL-REVENUE-CODE · 26 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

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.

Source credit: (Added Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2721.)

history & why it existsrecord from the source credit
  • 1986Enacted · Pub. L. 99-514 · 100 Stat. 2721

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-514 on 1986-10-22.

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