One of the principal defects in the existing capital gain and loss tax provisions of the Internal Revenue Code is the tax treatment of accrued capital gains transferred from one person to another by gift or at death.'Any capital gains and losses which previously accrued areHeckerling, Philip E...
If there was a stepped-up basis, the inheritors would receive the farm with a cost basis of $5 million. Therefore, there would be no need to pay a capital gains tax or sell the property. The heirs would be incentivized to improve the value of the farm and feed more people. Any value...
PAGE 24 Meeah in court tomorrow PAGE 3 MAURITIUS Monday, July 26, 2010 MauritiusNow Page 2 THE HOTEL VICTORIA SAGA Security stepped up for minister GIncident at Minister Sheila Bappooʼs office. By Nitesh Boodhoo Security has been stepped up for Minister of Gender Equality, Child ...
Modarres, FarahLoyola of Los Angeles Law Review
Read the full-text online article and more details about Using Stepped-Up Basis on Sale after Spouse's Death.By DitmanScott