§2613 Skip person and non-skip person defined

Statute Text — 26 U.S.C. §2613

(a)Skip person

For purposes of this chapter, the term “skip person” means—

(1)

a natural person assigned to a generation which is 2 or more generations below the generation assignment of the transferor, or

(2)

a trust—

(A)

if all interests in such trust are held by skip persons, or

(B)

if—

(i)

there is no person holding an interest in such trust, and

(ii)

at no time after such transfer may a distribution (including distributions on termination) be made from such trust to a nonskip person.

(b)Non-skip person

For purposes of this chapter, the term “non-skip person” means any person who is not a skip person.

Treasury Regulations

Treas. Reg. §Treas. Reg. §26.2613-1 Skip person

5 Citing Cases

Estate of Jane H. Gudie, Deceased, Mary Helen Norberg, Executor, Petitioners 137 T.C. No. 13 · 2011

In the motion respondent alleged that the gifts made in 1992 were made to "skip persons" under section 2613 and accordingly were subject to the generation-skipping transfef tax under section 2601.

Estate of Gudie v. Commissioner 137 T.C. 165 · 2011

In the motion respondent alleged that the gifts made in 1992 were made to “skip persons” under section 2613 and accordingly were subject to the generation-skipping transfer tax under section 2601.

Ross v. Commissioner 71 T.C. 897 · 1979

Smith v. Commissioner 33 T.C. 861 · 1960

Pharmaceutical Research and Manufacturers of America v. Stolfi · Cir.

§2613 — Skip person and non-skip person defined

5 Citing Cases