Thought-provokinganalysis and opinion on federal tax issues

Category Archives: Trusts and Estates

Grantor Trust Ownership Again

June 5, 2020

by Monte A. Jackel

The IRS very recently expressed its view that changes in the ownership percentages of investors in a multiple owner grantor trust were sales and purchases for federal tax purposes. In Rev. Proc. 2020-34, the IRS provided safe harbors for an entity titled a statutory trust under Delaware law from being treated as having the […]

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