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Finanse publiczne · 25/03/2024

IRS Proposes Regulations on Charitable Remainder Annuity Trust Transactions

The IRS has proposed new regulations that would require material advisors and certain participants in charitable remainder annuity trust transactions to disclose their involvement and face penalties for non-compliance, affecting over 1,000 transactions and impacting organizations such as the American Cancer Society and the Nature Conservancy.

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