Latest Breaking News On - Plr 201647001 - Page 1 : comparemela.com

A new IRS ruling, CCA 202352018, holds that if you modify a trust to add a tax reimbursement clause the beneficiaries will be deemed to have made a gift.

Chief counsel adviceInternal revenuePrivate letter rulingRevenue rulingState courtIrs ruling cant modifya trustCca 202352018Tax reimbursementGrantor trustPlr 201647001Tax burnDisregarded trustIrrevocable trust