26 USC § 2602 - Amount of tax

---
identifier: "/us/usc/t26/s2602"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 2602 - Amount of tax"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "2602"
section_name: "Amount of tax"
chapter_number: 13
chapter_name: "TAX ON GENERATION-SKIPPING TRANSFERS"
subchapter_number: "A"
subchapter_name: "Tax Imposed"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 94–455, title XX, § 2006(a), Oct. 4, 1976, 90 Stat. 1879; amended Pub. L. 95–600, title VII, § 702(h)(2), (n)(4), Nov. 6, 1978, 92 Stat. 2931, 2936; Pub. L. 97–34, title IV, § 403(a)(2)(B), Aug. 13, 1981, 95 Stat. 301; Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2718.)"
---


# § 2602. Amount of tax

The amount of the tax imposed by section 2601 is—

**(1)** the taxable amount (determined under subchapter C), multiplied by

**(2)** the applicable rate (determined under subchapter E).

---

**Source Credit**: (Added Pub. L. 94–455, title XX, § 2006(a), Oct. 4, 1976, 90 Stat. 1879; amended Pub. L. 95–600, title VII, § 702(h)(2), (n)(4), Nov. 6, 1978, 92 Stat. 2931, 2936; Pub. L. 97–34, title IV, § 403(a)(2)(B), Aug. 13, 1981, 95 Stat. 301; Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2718.)

## Editorial Notes

### Amendments

1986— amended section generally, substituting provisions that amount of tax imposed by section 2601 is the taxable amount (determined under subchapter C), multiplied by the applicable rate (determined under subchapter E) for former provisions which set out in detail the calculations and formulae for determining amount of tax imposed by section 2601.

1981—Subsec. (c)(5).  redesignated subpars. (B) and (C) as (A) and (B), respectively, and struck out former subpar. (A) relating to adjustments to marital deduction and providing that if the generation-skipping transfer occurs at the same time as, or within 9 months after, the death of the deemed transferor, for purposes of section 2056, relating to bequests, etc., to surviving spouse, the value of the gross estate of the deemed transferor shall be deemed to be increased by the amount of such transfer.

1978—Subsec. (a)(1)(C). , inserted “, as modified by section 2001(e)” after “within the meaning of section 2001(b)”.

Subsec. (d)(1)(A). , inserted “(or at the same time as the death of a beneficiary of the trust assigned to a higher generation than such deemed transferor)” after “such deemed transferor”.

Subsec. (d)(2)(A). , inserted “(or beneficiary)” after “the deemed transferor”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1986 Amendment

Section applicable to generation-skipping transfers (within the meaning of ) made after , except as otherwise provided, see , set out as a note under .

### Effective Date of 1981 Amendment

Amendment by  applicable to estates of decedents dying after , but inapplicable under certain conditions under will executed before date which is 30 days after , or under trust created by such date, see , set out as a note under .

### Effective Date of 1978 Amendment

Amendment by  applicable to estates of decedents dying after , except that such amendment shall not apply to transfers made before , see , set out as a note under .

Amendment by  effective as if included in this chapter as added by , see , set out as a note under .