Taxation-Federal Estate and Gift Commons^™

Modern Coverture: Old Wine In Old Bottles, William P. Lapiana

Articles & Chapters

No abstract provided.

Of Sovereignty And Subsidy: Conceptualizing The Charity Tax Exemption (Symposium), Evelyn Brody

All Faculty Scholarship

No abstract provided.

Of Sovereignty And Subsidy: Conceptualizing The Charity Tax Exemption, Evelyn Brody

All Faculty Scholarship

This piece explores the broad financial relationship between the public and the charitable sectors. Tax exemption operates as a peculiar subsidy - offering the greatest benefits to charities carrying on the most profitable activities and owning the most valuable property. Perhaps, then, the property tax and income tax exemption of charities can be explained by a 'sovereign' view of the charitable sector. Resembling the federal tax treatment of state and local governments, exemption for charities respects the independence of the nonprofit sector, and minimizes the involvement of charities in the political process. Unfortunately, the long history of Anglo American philanthropy …

Toward A Practical Estate-Tax Exclusion For Family-Run Businesses: Analysis Of Section 2033a And Proposal For Reform, Eric D. Chason, Robert T. Danforth

Faculty Publications

In a previous work appearing in this Journal, the authors proposed an approach to estate and gift taxation that encourages productive behavior by the recipients of wealth. In this Article, the authors analyze, in the context of their earlier work, the new estate-tax exclusion for closely held businesses (section 2033A) created by the Taxpayer Relief Act of 1997. The authors describe the features of a practical family-run business exclusion and conclude that section 2033A, in its present form, fails as a practical exclusion. The authors catalogue those elements of section 2033A that should be retained and propose reforms of those …

The Use And Abuse Of Revocable Trusts, Howard M. Zaritsky

William & Mary Annual Tax Conference

No abstract provided.

Federal Recent Developments

American Indian Law Review

No abstract provided.

Lifetime Gifts - A Quantitative Approach, Roger A. Pies, Daniel S. Goldberg

Faculty Scholarship

No abstract provided.

Federal Gift And Estate Tax - Interest-Fre Loans - Intrafamily Interest-Free Loans Are Not Taxable Transfers For Purposes Of I.R.C., Lee H. Stein

Villanova Law Review (1956 - )

No abstract provided.

Taxation Of Distributions From Accumulation Trusts: The Impact Of The Tax Reform Act Of 1976, David T. Link, Michael J. Wahoske

Journal Articles

The complex rules governing the taxation of income from trusts and estates have at times been described as incomprehensible. Perhaps the most confusing of these are the accumulation distribution throwback rules. In an effort to alleviate some of this confusion, Congress included accumulation trusts within the purview of the Tax Reform Act of 1976. Though Congress claimed that the rules are now "considerably simplified," it is not without some effort that one is able to translate the statutory language into a form useful to the practitioner.

Given the complexity of the rules, it is necessary to begin with a caveat. …

United States V. Byrum - The Management Power Question In Estate Taxation

William & Mary Law Review

No abstract provided.

Abstracts Of Recent Cases, Boyd Lee Warner Ii

West Virginia Law Review

No abstract provided.

Taxation Of Gifts In Trust To Charities Reserving A Life Income Interest, Herman L. Trautman

Vanderbilt Law Review

The character of every nation is determined in large part by the values and beliefs of its people. A value high in the mores of American society is a settled policy decision to encourage gifts to charities. Governmental policy, federal and state, has been implemented for along time in various areas of the law by special provisions in favor of charity; and nowhere has the implementation of this policy been more pronounced than in our present tax laws, due in no small part to the high graduated income tax rates applicable to individuals. In order to encourage charities, Congress has …

The Tangibles-Intangibles Distinction

Indiana Law Journal

Recent Cases: Taxation

Transfers Intended To Take Effect At Or After Death

Indiana Law Journal

Recent Cases: Taxation

Gift Taxability Of Divorce Settlements

Indiana Law Journal

No abstract provided.

Valuation Of Future Interests For Federal Tax Purposes

Indiana Law Journal

Notes and Comments: Taxation

Taxation-Estate Tax-Gift In Contemplation Of Death

Indiana Law Journal

No abstract provided.

Taxation-Tax Status Of Will Contestants-Influence Of State Law On The Interpretation Of Federal Tax Statutes

Indiana Law Journal

No abstract provided.

Taxation-Jurisdiction To Tax Trust Property-The Trust Device As An Instrumentality For Avoiding Taxation

Indiana Law Journal

No abstract provided.

The Taxation Of Trust Property, Robert C. Brown

Kentucky Law Journal

No abstract provided.

Taxation-Inheritance Tax, Intangible Property-Due Process Of Law

Indiana Law Journal

No abstract provided.

Taxation-Due Process-Gifts In Contemplation Of Death

Indiana Law Journal

No abstract provided.