26 CFR 25.2522(c)-4 - Disallowance of double deduction in the case of qualified terminable interest property.
No deduction is allowed under section 2522 for the transfer of an interest in property if a deduction is taken from the total amount of gifts with respect to that property by reason of section 2523(f). See § 25.2523(h)-1.
[T.D. 8522, 59 FR 9658, Mar. 1, 1994]
Title 26 published on 2013-04-01
no entries appear in the Federal Register after this date.