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Finanse publiczne · 17/09/2024

Final Regulations Provide Guidance on Statutory Basis Reporting Between Estate and Person Acquiring Property From Decedent

The IRS has released final regulations that outline the requirements for reporting basis in certain property acquired from a decedent, aiming to ensure consistency between the recipient's basis and the value of the property for federal estate tax purposes.

Source: Federal Register — Department of the TreasuryOpen original release →