Effective Date
Section applicable to generation-skipping transfers (within the meaning of [section 2611 of this title]) made after Oct. 22, 1986, except as otherwise provided, see [section 1433 of Pub. L. 99–514], set out as a note under [section 2601 of this title].
Modification of Generation-Skipping Transfer Tax
[Pub. L. 111–312, title III, § 302(c)], Dec. 17, 2010, [124 Stat. 3302], provided that: “In the case of any generation-skipping transfer made after December 31, 2009, and before January 1, 2011, the applicable rate determined under section 2641(a) of the Internal Revenue Code of 1986 shall be zero.”