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.41 Unified Credit Against Estate Tax. For an estate of any decedent dying in calendar year 2021, the basic exclusion amount is $11,700,000 for determining the amount of the unified credit against estate tax under § 2010. .42 Valuation of Qualified Real Property in Decedent's Gross Estate. For an estate of a decedent dying in calendar year 2021, if the executor elects to use the special use valuation method under § 2032A for qualified real property, the aggregate decrease in the value of qualified real property resulting from electing to use § 2032A for purposes of the estate tax cannot exceed $1,190,000. .43 Annual Exclusion for Gifts. (1) For calendar year 2021, the first $15,000 of gifts to any person (other than gifts of future interests in property) are not included in the total amount of taxable gifts under § 2503 made during that year. (2) For calendar year 2021, the first $159,000 of gifts to a spouse who is not a citizen of the United States (other than gifts of future interests in property) are not included in the total amount of taxable gifts under §§ 2503 and 2523(i)(2) made during that year. .44 Tax on Arrow Shafts. For calendar year 2021, the tax imposed under § 4161(b)(2)(A) on the first sale by the manufacturer, producer, or importer of any shaft of a type used in the manufacture of certain arrows is $0.53 per shaft. .45 Passenger Air Transportation Excise Tax. For calendar year 2021, the tax under § 4261(b)(1) on the amount paid for each domestic segment of taxable air transportation is $4.30. For calendar year 2021, the tax under § 4261(c)(1) on any amount paid (whether within or without the United States) for any international air