AICPA's legislative solution to the GST tax exemption allocation trap. (generation skipping tax): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on August 1, 1998. The length of the article is 2381 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A revised proposal was issued by the AICPA and other interested organizations to Congress regarding problems with generation-skipping tax (GST) law which can result in taxpayer errors and in tax professionals' exposure to liability for omitting from gift tax returns GST exemption allocations. The proposal suggests automatic GST exemption allocations, provisions for cure of errors, retroactive allocations, and the option to elect-out.

Citation Details
Title: AICPA's legislative solution to the GST tax exemption allocation trap. (generation skipping tax)
Author: Eileen Reichenberg Sherr
Publication:The Tax Adviser (Magazine/Journal)
Date: August 1, 1998
Publisher: American Institute of CPA's
Volume: 29 Issue: n8 Page: 562(3)

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