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This page contains a single entry by Associate Editor published on February 24, 2009 10:36 PM.

PLR 200908002: IRS Grants Extension to Sever Trust and Make Reverse QTIP Election was the previous entry in this blog.

Tax Tip 2009-34:Gambling Winnings Are Always Taxable Income is the next entry in this blog.

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PLR 200908003: IRS Rules on GST Consequences of Terminating Distributions from Trust

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Associate Editor
on February 24, 2009 TrackBacks (0) Comments (0)

In PLR 200908003, the IRS ruled that the terminating distributions from a trust, under applicable state laws and a court order, will not be subject to the generation-skipping transfer tax.

Posted by Min Young Choi, Associate Editor, Wealth Strategies Journal.

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