Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
52 lines
2.3 KiB
Markdown
52 lines
2.3 KiB
Markdown
---
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type: "LegalText"
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title: "26 U.S.C. § 2622"
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description: "Taxable amount in case of taxable termination"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 26
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title_name: "INTERNAL REVENUE CODE"
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chapter_number: "13"
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chapter_name: "TAX ON GENERATION-SKIPPING TRANSFERS"
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section: "2622"
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citation: "26 U.S.C. § 2622"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc26@119-100.zip"
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source_identifier: "/us/usc/t26/s2622"
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source_file: "data/legal/raw/us/code/title-26/usc26.xml"
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source_hash: "8fa43d5e1507c4a5f29741173f3a6e77d114d1996b55e134be0162dbc9adc54c"
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raw_snapshot_hash: "a261f094809116f42a96648a3d5eee80fa010379d67412551c21dd5c900b27f4"
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text_hash: "b4edec907c90f97290029332f6818c1ef0e79baeb6f1e213c409f841a6432b64"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 26 U.S.C. § 2622 - Taxable amount in case of taxable termination
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## Text
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(a) In general For purposes of this chapter, the taxable amount in the case of a taxable termination shall be—
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(1) the value of all property with respect to which the taxable termination has occurred, reduced by
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(2) any deduction allowed under subsection (b).
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(b) Deduction for certain expenses For purposes of subsection (a), there shall be allowed a deduction similar to the deduction allowed by section 2053 (relating to expenses, indebtedness, and taxes) for amounts attributable to the property with respect to which the taxable termination has occurred.
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(Added Pub. L. 94–455, title XX, § 2006(a), Oct. 4, 1976, 90 Stat. 1888; amended Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2720.)
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## Notes
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Editorial Notes
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Amendments1986—Pub. L. 99–514 amended section generally, substituting provisions relating to taxable amount in case of a taxable termination for former provisions which authorized the Secretary to promulgate regulations. See section 2663 of this title.
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Statutory Notes and Related Subsidiaries
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Effective Date of 1986 AmendmentSection applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Pub. L. 99–514, set out as a note under section 2601 of this title.
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