Internal Revenue Code · 26 U.S.C.
§ 2512. Valuation of gifts
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 2512
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Enacted
- December 31, 1970 by Pub. L. 91–614
- Last amended
- August 13, 1981 by Pub. L. 97–34
- Amendments
- 2 dated changes in the source credit
- Length
- 3 subsections · 157 words · about 1 min to read
- Cross-references
- cites 1; cited by 0 Code sections and 5 other regulations
- Regulations
- 10 issued under this section
For individual’s right to be furnished on request a statement regarding any valuation made by the Secretary of a gift by that individual, see section 7517.
(Aug. 16, 1954, ch. 736, 68A Stat. 406; Pub. L. 91–614, title I, § 102(b)(1), Dec. 31, 1970, 84 Stat. 1840; Pub. L. 94–455, title XX, § 2008(a)(2)(B), Oct. 4, 1976, 90 Stat. 1891; Pub. L. 97–34, title IV, § 442(b)(1), Aug. 13, 1981, 95 Stat. 322.)
Regulations under this section
Treasury regulations (26 CFR) issued under § 2512
- § 25.2512-0 Table of contents.
- § 25.2512-1 Valuation of property; in general.
- § 25.2512-2 Stocks and bonds.
- § 25.2512-3 Valuation of interest in businesses.
- § 25.2512-4 Valuation of notes.
- § 25.2512-5 Valuation of annuities, unitrust interests, interests for life or term of years, and remainder or reversionary interests.
- § 25.2512-6 Valuation of certain life insurance and annuity contracts; valuation of shares in an open-end investment company.
- § 25.2512-7 Effect of excise tax.
- § 25.2512-8 Transfers for insufficient consideration.
- § 25.2512-5A Valuation of annuities, interests for life or a term of years, and remainder or reversionary interests transferred before June 1, 2023.
Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 1 other section
Cited in 5 regulations not issued under it
- § 25.2511-1 Transfers in general.
- § 25.2523(e)-1 Marital deduction; life estate with power of appointment in donee spouse.
- § 25.2523(f)-1 Election with respect to life estate transferred to donee spouse.
- § 25.6001-1 Records required to be kept.
- § 28.2801-4 Liability for and payment of tax on covered gifts and covered bequests; computation of tax.
Amendment history
From the source credit and the official notes, newest first.
Where it sits in the Code
Nearby sections
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
Editorial Notes
Amendments
1981—Subsec. (b). Pub. L. 97–34 substituted “calendar year” for “calendar quarters”.
1976—Subsec. (c). Pub. L. 94–455 added subsec. (c).
1970—Subsec. (b). Pub. L. 91–614 substituted “calendar quarter” for “calendar year”.
Statutory Notes and Related Subsidiaries
Effective Date of 1981 Amendment
Amendment by Pub. L. 97–34 applicable with respect to gifts made after Dec. 31, 1981, see section 442(e) of Pub. L. 97–34, set out as a note under section 2501 of this title.
Effective Date of 1970 Amendment
Amendment by Pub. L. 91–614 applicable with respect to gifts made after Dec. 31, 1970, see section 102(e) of Pub. L. 91–614, set out as a note under section 2501 of this title.