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  • Atricle Dump - IRS Issues Proposed Regulations For Tax Treatment Of Private Annuities

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    The Department of the Treasury and the Internal Revenue Service proposed regulations that would address the tax treatment of an exchange of property for an annuity contract. The proposed regulations would apply the same rule to exchanges for both private annuities and commercial annuities.

    A decades-old IRS ruling generally postpones tax on the exchange of appreciated property for a pr

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    ations that would address the tax treatment of an exchange of property for an annuity contract. The proposed regulations would apply the same rule to exchanges for both private annuities and commercial annuities.

    A decades-old IRS ruling generally postpones tax on the exchange of appreciated property for a p

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    nnuity contract. The proposed regulations would apply the same rule to exchanges for both private annuities and commercial annuities.

    A decades-old IRS ruling generally postpones tax on the exchange of appreciated property for a p

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    s for both private annuities and commercial annuities.

    A decades-old IRS ruling generally postpones tax on the exchange of appreciated property for a p

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    ruling generally postpones tax on the exchange of appreciated property for a private annuity, a result inconsistent with the tax treatment of exchanges for commercial annuities or other kinds of property. This ruling was originally based in part on the assumption that the value of a private annuity contract could not be determined for federal income tax purposes. This assumption is no longer

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