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About Form 706-GS (T), Generation Skipping Transfer Tax ...
Trustees use this form to figure and report the tax due from certain trust terminations that are subject to the generation-skipping transfer (GST) tax.
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26 CFR § 26.2632-1 - Allocation of GST exemption.
(a) General rule. ... If no estate tax return is required to be filed, the GST exemption may be allocated at any time through the date a Federal estate tax return ...
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Generation-skipping transfer tax - Wikipedia
The U.S. generation-skipping transfer tax (a/k/a "GST tax") imposes a tax on both outright gifts and transfers in trust to or for the benefit of unrelated ...
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