§ 2641. Applicable rate
(a)
General rule
For purposes of this chapter, the term “applicable rate” means, with respect to any generation-skipping transfer, the product of—
(b)
Maximum Federal estate tax rate
For purposes of subsection (a), the term “maximum Federal estate tax rate” means the maximum rate imposed by section
2001 on the estates of decedents dying at the time of the taxable distribution, taxable termination, or direct skip, as the case may be.