PUBLIC LAW 94-455—OCT. 4, 1976
90 STAT. 18^t7
" (A) the amount of the taxable estate, and "(B) the amount of the adjusted taxable gifts, over "(2) the aggregate amount of tax payable under chapter 12 26 USC 250I. with respect to gifts made by the decedent after December 31, 1976. For purposes of paragraph (1)(B), the term 'adjusted taxable gifts' "Adjusted means the total amount of the taxable gifts (within the meaning of taxable gifts." section 2503) made by the decedent after December 31, 1976, other than gifts which are includible in the gross estate of the decedent. "(c)
RATE SCHEDULE.—
"If the amount with respect to which the The tentative tax i s: tentative tax to be computed i s: Not over $10,000 18 percent of such amount. Over '$10,000 but not over $20,000 $1,800, plus 20 percent of the excess Of such amount over $10,000. Over $20,000 but not over $40,000 $3,800, plus 22 percent of the excess of such amount over $20,000. Over $40,000 but not over $60,000 $8,200, plus 24 percent of the excess of such amount over $40,000. Over $60,000 but not over $80,000 $13,000, plus 26 percent of the excess of such amount over $60,000. Over $80,000 but not over $100,000 $18,200, plus 28 percent of the excess of such amount over $80,000. Over $100,000 but not over $150,000 $23,800, plus 30 percent of the excess of such amount over "$100,000. Over $150,000 but not over $250,000$38,800, plus 32 percent of the excess of such amount over $150,000. Over $250,000 but not over $500,000 $70,800, plus 3 i percent of the excess Of such amount over $250,000. Over $500,000 but not over $750,000$155,800, plus 37 percent of the excess of such amount over $500,000. Over $750,000 but not over $1,000,000 $248,300, plus 39 percent of the excess of such amount over $750,000. Over '$1,000,000 but not over $1,250,000 $345,800 plus 41 percent of the excess of such amount over $1,000,000. Over $1,250,000 but not over $1,500,000 $448,300, plus 43 percent of the excess of such amount over $1,250,000. Over $1,500,000 but not over $2,000,000 $555,800, plus 45 percent of the excess of such amount over $1,500,000. Over $2,000,000 but not over $2,500,000 $780,800, plus 49 percent of the excess of such amount over $2,000,000. Over $2,500,000 but not over $3,000,000__ $1,025,800, plus 53 percent of the excess of such amount over $2,500,000. Over $3,000,000 but not over $3,500,000. _ $1,290,800, plus 57 percent of the excess of such amount over $3,000,000. Over $3,500,000 but not over $4,000,000— $1,575,800, plus 61 percent of the excess of such amount over $3,500,000. Over $4,000,000 but not over $4,500,000. _ $1,880,800, plus 65 percent over the excess of such amount over $-^,000,000. Over $4,500,000 but not over $5,000,000.. $2,205,800, plus 69 percent of the excess of such amount over $'<,500,000. Over $5,000,000 $2,550,800, plus 70 percent of the excess of such amount over $5,000,000. "(d) ADJUSTMENT FOR GIFT TAX PAID BY SPOUSE.—For purposes
of subsection (b)(2), if— "(1) the decedent was the donor of any gift one-half of which was consideY-ed under section 2513 as made by the decedent's spouse, and "(2) the amount of such gift is includible in the gross estate of the decedent, any tax payable by the spouse under chapter 12 on such gift (as determined under section 2012(d)) shall be treated as a tax payable with respect to a gift made by the decedent."
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