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IRS relief for missed allocations of GST exemption.

Publication: The Tax Adviser
Publication Date: 01-OCT-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: IRS relief for missed allocations of GST exemption.(generation skilling transfer tax)

Article Excerpt
In Rev. Proc. 2004-46, the Service issued guidance allowing taxpayers to apply for relief for missed allocations of the generation-skipping transfer (GST) tax exemption in a simplified format, under certain limited circumstances and if certain conditions are met. Generally, the relief applies to transfers that occurred before 2001 and...

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