
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC2206]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                    Subtitle B--Estate and Gift Taxes
 
                         CHAPTER 11--ESTATE TAX
 
                       Subchapter C--Miscellaneous
 
Sec. 2206. Liability of life insurance beneficiaries

    Unless the decedent directs otherwise in his will, if any part of 
the gross estate on which tax has been paid consists of proceeds of 
policies of insurance on the life of the decedent receivable by a 
beneficiary other than the executor, the executor shall be entitled to 
recover from such beneficiary such portion of the total tax paid as the 
proceeds of such policies bear to the taxable estate. If there is more 
than one such beneficiary, the executor shall be entitled to recover 
from such beneficiaries in the same ratio. In the case of such proceeds 
receivable by the surviving spouse of the decedent for which a deduction 
is allowed under section 2056 (relating to marital deduction), this 
section shall not apply to such proceeds except as to the amount thereof 
in excess of the aggregate amount of the marital deductions allowed 
under such section.

(Aug. 16, 1954, ch. 736, 68A Stat. 402; Pub. L. 94-455, title XX, 
Sec. 2001(c)(1)(H), Oct. 4, 1976, 90 Stat. 1852.)


                               Amendments

    1976--Pub. L. 94-455 substituted ``the taxable estate'' for ``the 
sum of the taxable estate and the amount of the exemption allowed in 
computing the taxable estate, determined under section 2051'' after 
``policies bear to''.


                    Effective Date of 1976 Amendment

    Amendment by Pub. L. 94-455 applicable to estates of decedents dying 
after Dec. 31, 1976, see section 2001(d)(1) of Pub. L. 94-455, set out 
as a note under section 2001 of this title.
