§ 2511. Transfers in general

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(a)Scope Subject to the limitations contained in this chapter, the tax imposed by section 2501 shall apply whether the transfer is in trust or otherwise, whether the gift is direct or indirect, and whether the property is real or personal, tangible or intangible; but in the case of a nonresident not a citizen of the United States, shall apply to a transfer only if the property is situated within the United States.

(b)Intangible property For purposes of this chapter, in the case of a nonresident not a citizen of the United States who is excepted from the application of section 2501(a)(2)—

(1)shares of stock issued by a domestic corporation, and

(2)debt obligations of—

(A)a United States person, or

(B)the United States, a State or any political subdivision thereof, or the District of Columbia,

which are owned and held by such nonresident shall be deemed to be property situated within the United States.

(Aug. 16, 1954, ch. 736, 68A Stat. 406; Pub. L. 89–809, title I, § 109(b), Nov. 13, 1966, 80 Stat. 1575; Pub. L. 107–16, title V, § 511(e), June 7, 2001, 115 Stat. 71; Pub. L. 107–147, title IV, § 411(g)(1), Mar. 9, 2002, 116 Stat. 46; Pub. L. 111–312, title III, § 302(e), Dec. 17, 2010, 124 Stat. 3302.)

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Aug. 16, 1954, ch. 736
68A Stat. 406
Pub. L. 89–809, title I, § 109(b)
80 Stat. 1575
Pub. L. 107–16, title V, § 511(e)
115 Stat. 71
Pub. L. 107–147, title IV, § 411(g)(1)
116 Stat. 46
Pub. L. 111–312, title III, § 302(e)
124 Stat. 3302
Pub. L. 111–312
Pub. L. 107–147
Pub. L. 107–16
Pub. L. 89–809
section 302(f) of Pub. L. 111–312
section 411(x) of Pub. L. 107–147
section 511(f)(3) of Pub. L. 107–16
section 109(c) of Pub. L. 89–809

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§ 2511

Transfers in general

Stat.×4

U.S.C.×2

ActAug. 16, 1954, ch. 736

Stat.68A Stat. 406

Pub. L.Pub. L. 89–809, title I, § 109(b)

Stat.80 Stat. 1575

Pub. L.Pub. L. 107–16, title V, § 511(e)

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