Title 26 — Internal Revenue CodeRelease 119-73
§2661 Administration
Title 26 › Subtitle Subtitle B— - Estate and Gift Taxes › Chapter CHAPTER 13— - TAX ON GENERATION-SKIPPING TRANSFERS › Subchapter Subchapter G— - Administration › § 2661
Summary
Subtitle F rules (including penalties) for the gift tax (chapter 12, section 2501) also apply to the generation-skipping transfer tax (section 2601) when they fit and do not conflict. If a generation-skipping transfer happens at death, use the subtitle F rules for the estate tax (chapter 11, section 2001).
Full Legal Text
Title 26, §2661
Internal Revenue Code — Source: USLM XML via OLRC
Insofar as applicable and not inconsistent with the provisions of this chapter—
(1)except as provided in paragraph (2), all provisions of subtitle F (including penalties) applicable to the gift tax, to chapter 12, or to section 2501, are hereby made applicable in respect of the generation-skipping transfer tax, this chapter, or section 2601, as the case may be, and
(2)in the case of a generation-skipping transfer occurring at the same time as and as a result of the death of an individual, all provisions of subtitle F (including penalties) applicable to the estate tax, to chapter 11, or to section 2001 are hereby made applicable in respect of the generation-skipping transfer tax, this chapter, or section 2601 (as the case may be).
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Pub. L. 99–514, set out as a note under section 2601 of this title.
Reference
Citations & Metadata
Citation
26 U.S.C. § 2661
Title 26 — Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73