U.S Code last checked for updates: Nov 23, 2024
§ 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.

(Added Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2721.)
cite as: 26 USC 2623