Western Area Power Administration August 12, 2015 – Federal Register Recent Federal Regulation Documents

Basis in Interests in Tax-Exempt Trusts
Document Number: 2015-19846
Type: Rule
Date: 2015-08-12
Agency: National Nuclear Security Administration, Western Area Power Administration
This document contains final regulations that provide rules for determining a taxable beneficiary's basis in a term interest in a charitable remainder trust (CRT) upon a sale or other disposition of all interests in the trust to the extent that basis consists of a share of adjusted uniform basis. The final regulations affect taxable beneficiaries of CRTs.
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