
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document affected by Public Law 107-16 Section 532(c)(14)]
[CITE: 26USC2051]

 
                     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
 
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.

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


                               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.''
