Statutes > Alabama Statutes > Title 40 — REVENUE AND TAXATION. > Chapter 15A — GENERATION-SKIPPING TRANSFER TAX. > Section 40-15A-1 Meaning of "generation-skipping transfer."

Section 40-15A-1 Meaning of "generation-skipping transfer."

Section 40-15A-1

Meaning of "generation-skipping transfer."

Pursuant to this chapter, the term "generation-skipping transfer" shall have the meaning ascribed to it in Section 2611 of the Internal Revenue Code, as amended from time to time.

(Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §1.)