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This page contains a single entry by Associate Editor published on April 29, 2011 1:43 PM.

Tax Notes Article by Shamik Trivedi, "Real Estate Developers' Woes Complicated by Recognition Exam Issues" was the previous entry in this blog.

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May 7520 Rate Unchanged at 3.0%

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Associate Editor
on April 29, 2011 TrackBacks (0) Comments (0)

The Planned Giving Design Center reports that under Revenue Ruling 2011-11, the applicable section 7520 rate remained unchanged from April to May and is currently at 3%.  The rate is used to determine the present value of an annuity, a remainder or a reversionary interest.

Click here for the full text of Rev. Rul 2011-11.
Posted by Mariya V. Link, Associate Editor, Wealth Strategies Journal  

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