Section 7-401 - Definitions(a) In this subtitle the following words have the meanings indicated.(b) "Federal credit" means:(1) the maximum allowable credit for State taxes under § 2604 of the Internal Revenue Code against the federal generation-skipping transfer tax; less(2) the amount that bears the same ratio to the maximum allowable credit as the value of the generation-skipping transfer taxable by all other states bears to the total value of the generation-skipping transfer.(c) "Federal generation-skipping transfer tax" means the tax imposed by § 2601 of the Internal Revenue Code.(d) "Generation-skipping transfer" means a transfer subject to the federal generation-skipping transfer tax.(e) "Original transferor" means an individual who makes a transfer of property that results in the imposition of the federal generation-skipping transfer tax.