StacksVerified U.S. regulatory reference

26 U.S.C. § 2661

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
Insofar as applicable and not inconsistent with the provisions of this chapter—
  1. (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. (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).