Direct Skip

Direct Skip is used.

with respect to the generation-skipping tax (GST), a transfer that is subject to the estate or gift tax and is made to or in trust for the benefit of a skip person. For example, if a grandmother makes an outright taxable gift to a granddaughter, this transfer would be subject to the GST tax. Former IRC (check if this IRC provision is current here) §26l2(c).

U.S. and other Developed Countries International Tax Meaning

A tax that cannot be shifted to others, such as the federal income tax.

See the entries Income Tax and State Income Tax in the American Encyclopedia of Law.

International Tax Law.