26 USC § 2621 - Taxable amount in case of taxable distribution

---
identifier: "/us/usc/t26/s2621"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 2621 - Taxable amount in case of taxable distribution"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "2621"
section_name: "Taxable amount in case of taxable distribution"
chapter_number: 13
chapter_name: "TAX ON GENERATION-SKIPPING TRANSFERS"
subchapter_number: "C"
subchapter_name: "Taxable Amount"
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. 1887; amended Pub. L. 97–34, title IV, § 422(e)(4), Aug. 13, 1981, 95 Stat. 316; Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2720.)"
---


# § 2621. Taxable amount in case of taxable distribution

**(a)** **In general** For purposes of this chapter, the taxable amount in the case of any taxable distribution shall be—

**(1)** the value of the property received by the transferee, reduced by

**(2)** any expense incurred by the transferee in connection with the determination, collection, or refund of the tax imposed by this chapter with respect to such distribution.

**(b)** **Payment of GST tax treated as taxable distribution** For purposes of this chapter, if any of the tax imposed by this chapter with respect to any taxable distribution is paid out of the trust, an amount equal to the portion so paid shall be treated as a taxable distribution.

---

**Source Credit**: (Added Pub. L. 94–455, title XX, § 2006(a), Oct. 4, 1976, 90 Stat. 1887; amended Pub. L. 97–34, title IV, § 422(e)(4), Aug. 13, 1981, 95 Stat. 316; Pub. L. 99–514, title XIV, § 1431(a), Oct. 22, 1986, 100 Stat. 2720.)

## Editorial Notes

### Amendments

1986— amended section generally, substituting provisions relating to taxable amount in case of a taxable distribution for former provisions which related generally to administration of this chapter. See .

1981—Subsec. (b).  substituted “Section 6166” for “Sections 6166 and 6166A” in heading and “section 6166 (relating to extension of time” for “sections 6166 and 6166A (relating to extensions of time” in text.

## 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 , see , set out as a note under .