SECTION 1. PURPOSE

This revenue procedure provides a simplified alternate method for certain taxpayers to obtain an extension of time under § 301.9100–3 of the Procedure and Administration Regulations to make an allocation of the generation-skipping transfer (GST) exemption in accordance with § 2642(b)(1) of the Internal Revenue Code (the Code). This alternate method may be used in lieu of the letter ruling process. No user fee is charged for requests filed under this revenue procedure.