In satisfying the more-than-35% test of § 6166 (i.e.,extended estate tax payment schedule relative to an interest in a closely held business),any prior gifts the decedent may have made must be considered.

Name: In satisfying the more-than-35% test of § 6166 (i.e.,extended estate tax payment schedule relative to an interest in a closely held business),any prior gifts the decedent may have made must be considered.
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For this purpose,only gifts made within three years of death must be considered.

In Satisfying the More-Than-35% Test of § 6166 (I