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15 U.S.C. 1523: Tax status of gifts and bequests of propertyText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 15-COMMERCE AND TRADECHAPTER 40-DEPARTMENT OF COMMERCE
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§1523. Tax status of gifts and bequests of property

For the purpose of Federal income, estate, and gift taxes, property accepted under section 1522 of this title shall be considered as a gift or bequest to or for the use of the United States.

( Pub. L. 88–611, § 2 , Oct. 2, 1964 , 78 Stat. 991 .)

Editorial Notes

Codification

Section was formerly classified to section 608b of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, § 1, Sept. 6, 1966, 80 Stat. 378.