1. U.S. Code
  2. title 26
  3. subtitle B
  4. chapter 13
  5. subchapter E
  6. § 2641

View all text of Subchapter E [§ 2641 - § 2642]

§ 2641. Applicable rate
(a) General rule
For purposes of this chapter, the term “applicable rate” means, with respect to any generation-skipping transfer, the product of—
(1) the maximum Federal estate tax rate, and
(2) the inclusion ratio with respect to the transfer.
(b) Maximum Federal estate tax rate
(Added Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2722.)

CITE AS: 26 USC 2641