### Question
How is the "valuation date" defined?


### Answer
The term **valuation date** is defined in *26 U.S.C. § 7520* as follows -

> the date as of which the valuation is made

#### Citation:
  - *26 U.S.C. § 7520*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 77-MISCELLANEOUS PROVISIONS**

