Title 26 — Internal Revenue CodeRelease 119-73
§2663 Regulations
Title 26 › Subtitle Subtitle B— Estate and Gift Taxes › Chapter 13— TAX ON GENERATION-SKIPPING TRANSFERS › Subchapter G— Administration › § 2663
Summary
The Treasury must write the regulations needed to carry out the generation-skipping transfer tax. That includes rules coordinating the tax with the recapture tax on special-use farm and business property, rules applying the tax to transferors who are not U.S. residents or citizens, and rules adjusting how the tax works for arrangements that are not trusts but are treated like trusts.
Full Legal Text
Title 26, §2663
Internal Revenue Code — Source: USLM XML via OLRC
The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of this chapter, including—
(1)such regulations as may be necessary to coordinate the provisions of this chapter with the recapture tax imposed under section 2032A(c),
(2)regulations (consistent with the principles of chapters 11 and 12) providing for the application of this chapter in the case of transferors who are nonresidents not citizens of the United States, and
(3)regulations providing for such adjustments as may be necessary to the application of this chapter in the case of any arrangement which, although not a trust, is treated as a trust under section 2652(b).
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1988—Par. (3). Pub. L. 100–647 added par. (3).
Statutory Notes and Related Subsidiaries
Effective Date
of 1988 AmendmentAmendment by Pub. L. 100–647 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Pub. L. 99–514, to which such amendment relates, see section 1019(a) of Pub. L. 100–647, set out as a note under section 1 of this title.
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. § 2663
Title 26 — Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73