CH. 11—ESTATE TAX
373
Subtitle B—Estate and Gift Taxes CHAPTER 11. Estate tax. CHAPTER 12. Gift tax.
CHAPTER 11—ESTATE TAX SUBCHAPTER A. Estates of citizens or residents. SUBCHAPTER B. Estates of nonresidents not citizens. SUBCHAPTER C. Miscellaneous.
Subchapter A—Estates of Citizens or Residents Part I. Tax imposed. Part II. Credits against tax. Part III. Gross estate. Part IV. Taxable estate.
PART I—TAX IMPOSED Sec. 2001. Rate of tax. Sec. 2002. Liability for payment. SEC. 2001. RATE OF TAX.
A tax computed in accordance with the following table is hereby imposed on the transfer of the taxable estate, determined as provided in section 2051, of every decedent, citizen or resident of the United States dying after the date of enactment of this title: If the taxable estate is: Not over $5,000 Over $5,000 but not over $10,000 Over Over Over Over Over Over Over Over Over Over Over Over
The tax shall be: 3 % of the taxable estate. $150, plus 7 % of excess over $5,000. $10,000 but not over $20,000 $500, plus 1 1 % of excess over $10,000. $20,000 but not over $30,000 $1,600, plus 14% of excess over $20,000. $30,000 but not over $40,000 $3,000, plus 18% of excess over $30,000. $40,000 but not over $50,000 $4,800, plus 22% of excess over $40,000. $50,000 but not over $60,000 $7,000, plus 2 5 % of excess over $50,000. $60,000 but not over $100,000 $9,500, plus 2 8 % of excess over $60,000. $100,000 but not over $250,000 $20,700, plus 30% of excess over $100,000. $250,000 but not over $500,000 $65,700, plus 32% of excess over $250,000. $500,000 but not over $750,000 $145,700, plus 3 5 % of excess over $500,000. $750,000 but not over $1,000,000- _. $233,200, plus 37% of excess over $750,000. $1,000,000 but not over $1,250,000— $325,700, plus 39% of excess over $1,000,000. $1,250,000 but not over $1,500,000-. $423,200, plus 42% of excess over $1,250,000. § 2001
�
