SECTION 5. DRAFTING INFORMATION
Internal Revenue Bulletin 2003-49 · 2026-10-03 edition · updated 2026-10-04 · United States
of the aggregate cost that may be taken into account under § 179(a) and the dollar amount in § 179(b)(2) used to calculate a reduction in the dollar limitation are adjusted for inflation. (Section 3.17).
.04 The generation-skipping transfer tax exemption under § 2631, which is allowed in determining the “inclusion ratio” defined in § 2642, is no longer adjusted for inflation and has been deleted.
SECTION 3. 2004 ADJUSTED ITEMS
.01 Tax Rate Tables . For taxable years beginning in 2004, the tax rate tables under § 1 are as follows:
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