Tax Law Update

Proposed regulations regarding discharge of indebtedness income exclusions applicable to grantor trusts and disregarded entities The Internal Revenue Service has issued Proposed Regulations Section 1.108-9 under Internal Revenue Code Section 108(a), relating to the exclusion of discharge of indebtedness income of a grantor trust or a disregarded entity (that is, a business entity that's separate from

  • Proposed regulations regarding discharge of indebtedness income exclusions applicable to grantor trusts and disregarded entities — The Internal Revenue Service has issued Proposed Regulations Section 1.108-9 under Internal Revenue Code Section 108(a), relating to the exclusion of discharge of indebtedness income of a grantor trust or a disregarded entity (that is, a business entity that's separate from its owner but that's disregarded for federal tax purposes).

    Under

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

TAGS: Research
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish