transferor
Defined in 2 places of the United States Code.
Except as provided in this subsection or section 2653(a), the term “transferor” means—
(A) in the case of any property subject to the tax imposed by chapter 11, the decedent, and
(B) in the case of any property subject to the tax imposed by chapter 12, the donor.
Source
- 201326 U.S.C. § 2652Internal Revenue Code · Other definitions · for purposes of this chapter
Except as provided in this subsection or section 2653(a), the term "transferor" means—
(A) in the case of any property subject to the tax imposed by chapter 11, the decedent, and
(B) in the case of any property subject to the tax imposed by chapter 12, the donor.
An individual shall be treated as transferring any property with respect to which such individual is the transferor.
Source
- 1994–present26 U.S.C. § 2652Internal Revenue Code · Other definitions · for purposes of this chapter
For purposes of this subsection, the term “transferor’s agent” means any person who represents the transferor—
(A) in any negotiation with the transferee or any transferee’s agent related to the transaction, or
(B) in settling the transaction.
Source
- 2013–present26 U.S.C. § 1445Internal Revenue Code · Withholding of tax on dispositions of United States real property interests · in this section
The term "transferor" means the person disposing of the United States real property interest.
Source
- 1994–present26 U.S.C. § 1445Internal Revenue Code · Withholding of tax on dispositions of United States real property interests · in this section
The term “transferor’s maximum tax liability” means, with respect to the disposition of any interest, the sum of—
(A) the maximum amount which the Secretary determines could be imposed as tax under section 871(b)(1) or 882(a)(1) by reason of the disposition, plus
(B) the amount the Secretary determines to be the transferor’s unsatisfied withholding liability with respect to such interest.
Source
- 2013–present26 U.S.C. § 1445Internal Revenue Code · Withholding of tax on dispositions of United States real property interests · for purposes of this section
The term “transferor’s unsatisfied withholding liability” means the withholding obligation imposed by this section on the transferor’s acquisition of the United States real property interest or on the acquisition of a predecessor interest, to the extent such obligation has not been satisfied.
Source
- 2013–present26 U.S.C. § 1445Internal Revenue Code · Withholding of tax on dispositions of United States real property interests · for purposes of this section