Where an election is made under section 6163(a) to postpone payment of the tax imposed by section 2001, or 2101, such part of any estate, inheritance, legacy, or succession taxes allowable as a credit under section 2014, as is attributable to a reversionary or remainder interest may be allowed as a credit against the tax attributable to such interest, subject to the limitations on the amount of the credit contained in such sections, if such part is paid, and credit therefor claimed, at any time before the expiration of the time for payment of the tax imposed by section 2001 or 2101 as postponed and extended under section 6163.
Aug. 16, 1954, ch. 73668A Stat. 379Pub. L. 85–866, title I, § 66(a)(1)72 Stat. 1657Pub. L. 107–16, title V, § 532(c)(4)115 Stat. 74(, ; , , ; , , .)
Editorial Notes
Amendments
Pub. L. 107–162001— struck out “2011 or” before “2014”.
Pub. L. 85–8661958— substituted “the time for payment of the tax imposed by section 2001 or 2101 as postponed and extended under section 6163” for “60 days after the termination of the precedent interest or interests in the property”.
Statutory Notes and Related Subsidiaries
Effective Date of 2001 Amendment
Pub. L. 107–16section 532(d) of Pub. L. 107–16section 2012 of this titleAmendment by applicable to estates of decedents dying, and generation-skipping transfers, after , see , set out as a note under .
Effective Date of 1958 Amendment
Pub. L. 85–866, title I, § 66(a)(3)72 Stat. 1658