Proposed Regulations Issued on Effects of Post-Death Events on Deductibility From the Gross Estate

dc.contributor.author Harl, Neil
dc.contributor.department Iowa State University Digital Repository
dc.date 2018-02-19T02:50:21.000
dc.date.accessioned 2020-06-29T22:54:48Z
dc.date.available 2020-06-29T22:54:48Z
dc.date.embargo 2017-11-15
dc.date.issued 2007-05-11
dc.description.abstract <p>The Internal Revenue Service, with the issuance of proposed regulations on April 22, 2007,<strong>1 </strong>took the first step toward resolving a long-running dispute in authority on the extent to which post-death events are to be considered in the computation of the amounts deductible for federal estate tax purposes.<strong>2 </strong>The issuance of the regulations was surprising in light of the fact that repeal of the federal estate tax is just over 30 months away, and would be effective for deaths after December 31, 2009,<strong>3 </strong>although the repeal is subject to a “sunset” provision for decedents dying, gifts made and generation-skipping transfers after December 31, 2010.<strong>4 </strong>Moreover, few now believe the federal estate tax will be repealed at the end of 2009 with many betting that the provisions applicable in 2009 will be continued indefinitely by Congressional action this year or next year.</p>
dc.identifier archive/lib.dr.iastate.edu/aglawdigest/vol18/iss10/1/
dc.identifier.articleid 1878
dc.identifier.contextkey 11054063
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol18/iss10/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/3306
dc.source.bitstream archive/lib.dr.iastate.edu/aglawdigest/vol18/iss10/1/AgLawDigest_v18n10_01.pdf|||Fri Jan 14 17:50:28 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title Proposed Regulations Issued on Effects of Post-Death Events on Deductibility From the Gross Estate
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication f614960e-e863-49da-bebe-8f662158b64e
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
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