Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 2702.—Special Valuation Rules in Case of Transfers of Interests in Trusts

Internal Revenue Bulletin 2003-44 · 2026-10-03 edition · updated 2026-10-04 · United States

26 CFR 25.2702–3: Qualified interests.

The Internal Revenue Service will follow the Tax Court’s decision in Walton v. Commissioner, 115 T.C. 589 (2000), holding that section 25.2702–3(e), Exam- ple 5, of the Gift Tax Regulations is invalid. See Notice 2003-72, page 964.

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — Internal Revenue Bulletin 2003-44

Internal Revenue Bulletin 2003-44

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.