26 U.S.C. § 2101

§ 2101. Tax imposed

186 words · amended 6 times · cited by 6 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Last changed March 9, 2002 by the Public Law 107-147.

Every change, newest first (7)

March 9, 2002Public Law 107-147
August 10, 1993Omnibus Budget Reconciliation Act of 1993
December 19, 1989Omnibus Budget Reconciliation Act of 1989
November 10, 1988Technical and Miscellaneous Revenue Act of 1988
October 4, 1976Tax Reform Act of 1976
November 13, 1966Public Law 89-809
August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Structure

(a) Imposition
(b) Computation of tax
(c) Adjustments for taxable gifts

(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.

(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.