News

IRS PLR: Proposed Trust Merger Won’t Affect GST Tax Exemption (IRC §2601)
The IRS has published a private letter ruling on IRC §2601 stating that the proposed merger of the taxpayer’s exempt trust into his spouse exempt trust will not affect the ...
IRS PLR: Retroactive QEF Election Consent Granted (IRC §1295)
The IRS has published a private letter ruling on IRC §1295 and Treas. Reg. §1.1295-3(f), granting the taxpayer consent to make a retroactive qualified electing fund (QEF) election with respect ...
Poland’s Tusk unveils new cabinet in bid to reverse decline in polls
Polish Prime Minister Donald Tusk announced a cabinet reshuffle on Wednesday in a bid to regain momentum amid falling ...