Maryland Tax - General Section 7-401

      (a)      In this subtitle the following words have the meanings indicated.

      (b)      "Federal credit" means:

            (1)      the maximum allowable credit for State taxes under § 2604 of the Internal Revenue Code against the federal generation-skipping transfer tax; less

            (2)      the amount that bears the same ratio to the maximum allowable credit as the value of the generation-skipping transfer taxable by all other states bears to the total value of the generation-skipping transfer.

      (c)      "Federal generation-skipping transfer tax" means the tax imposed by § 2601 of the Internal Revenue Code.

      (d)      "Generation-skipping transfer" means a transfer subject to the federal generation-skipping transfer tax.

      (e)      "Original transferor" means an individual who makes a transfer of property that results in the imposition of the federal generation-skipping transfer tax.