Internal Revenue Code:Sec. 2051. Definition of taxable estate

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Contents


Location in Internal Revenue Code


     TITLE 26 - INTERNAL REVENUE CODE
      Subtitle B - Estate and Gift Taxes
       CHAPTER 11 - ESTATE TAX
        Subchapter A - Estates of Citizens or Residents
         PART IV - TAXABLE ESTATE

Statute

    Sec. 2051. Definition of taxable estate
 
      For purposes of the tax imposed by section 2001, the value of the
    taxable estate shall be determined by deducting from the value of
    the gross estate the deductions provided for in this part.

Sources

    (Aug. 16, 1954, ch. 736, 68A Stat. 388; Pub. L. 95-600, title VII,
    Sec. 702(r)(2), Nov. 6, 1978, 92 Stat. 2938.)

Miscellaneous

                                 AMENDMENTS
      1978 - Pub. L. 95-600 struck out ''exemption and'' after ''gross
    estate the''.
                      EFFECTIVE DATE OF 1978 AMENDMENT
      Section 702(r)(5) of Pub. L. 95-600 provided that: ''The
    amendments made by this subsection (amending this section and
    sections 1016, 6324B, and 6698A of this title) shall apply to
    estates of decedents dying after December 31, 1976.''
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