Statutes, codes, and regulations
Code of Federal Regulations
Title 26 - INTERNAL REVENUEChapter I - INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURYSubchapter B - ESTATE AND GIFT TAXESPart 25 - GIFT TAX; GIFTS MADE AFTER DECEMBER 31, 1954
DEDUCTIONS
Section 25.2522(c)-4 - Disallowance of double deduction in the case of qualified terminable interest property

26 C.F.R. § 25.2522(c)-4

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Section 25.2522(c)-4 - Disallowance of double deduction in the case of qualified terminable interest property

No deduction is allowed under section 2522 for the transfer of an interest in property if a deduction is taken from the total amount of gifts with respect to that property by reason of section 2523(f). See § 25.2523(h)-1 .

26 C.F.R. §25.2522(c)-4

T.D. 8522, 59 FR 9658, Mar. 1, 1994