covered gift or bequest
Defined in 1 place of the United States Code.
For purposes of this chapter, the term “covered gift or bequest” means—
(A) any property acquired by gift directly or indirectly from an individual who, at the time of such acquisition, is a covered expatriate, and
(B) any property acquired directly or indirectly by reason of the death of an individual who, immediately before such death, was a covered expatriate.
Source
- 2008–present26 U.S.C. § 2801Internal Revenue Code · Imposition of tax · for purposes of this chapter