Matches in SemOpenAlex for { <https://semopenalex.org/work/W2214272964> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W2214272964 abstract "High tax rates create an incentive for taxpayers whose estates are likely to be assessed estate tax at death to transfer as much value as possible outside of their estates through lifetime gifts. To maximize that value, taxpayers use complex transactions involving closely-held entities, valuation discounts, and transfer clauses. A recent shift in judicial decisions has led to the popularity of transfer clauses that shelter excess value from gift tax if an IRS audit results in a discrepancy in valuation between the government and the taxpayer. Transfer clauses create a heads-I-win-tails-you-lose scenario for the IRS through fruitless audits that waste agency resources without raising revenue for the government.To alleviate this abuse, Congress should enact legislation providing for transfer clauses to be disregarded if they depend upon an IRS audit. As a result, the excess value that the taxpayer meant to reallocate in a non-taxable manner would be subject to gift tax and the appropriate amount of revenue would be collected. Further, such legislation would provide clarity for taxpayers, the courts, and the IRS. Thus, Congress would uphold the public policy of protecting government revenue while maintaining the progressivity of the tax system by ensuring that those wealthy taxpayers most capable of paying tax are paying the correct amount." @default.
- W2214272964 created "2016-06-24" @default.
- W2214272964 creator A5070011529 @default.
- W2214272964 date "2013-03-05" @default.
- W2214272964 modified "2023-09-26" @default.
- W2214272964 title "Stopping a Heads-I-Win-Tails-You-Lose Tax Stratagem: Why Congress Shouldn’t Let Taxpayers Use Transfer Clauses to Frustrate IRS Gift-Tax Audits" @default.
- W2214272964 hasPublicationYear "2013" @default.
- W2214272964 type Work @default.
- W2214272964 sameAs 2214272964 @default.
- W2214272964 citedByCount "0" @default.
- W2214272964 crossrefType "posted-content" @default.
- W2214272964 hasAuthorship W2214272964A5070011529 @default.
- W2214272964 hasConcept C100001284 @default.
- W2214272964 hasConcept C10138342 @default.
- W2214272964 hasConcept C111326686 @default.
- W2214272964 hasConcept C113216237 @default.
- W2214272964 hasConcept C121955636 @default.
- W2214272964 hasConcept C144133560 @default.
- W2214272964 hasConcept C157263771 @default.
- W2214272964 hasConcept C162077342 @default.
- W2214272964 hasConcept C162324750 @default.
- W2214272964 hasConcept C17744445 @default.
- W2214272964 hasConcept C186027771 @default.
- W2214272964 hasConcept C190253527 @default.
- W2214272964 hasConcept C193681711 @default.
- W2214272964 hasConcept C199539241 @default.
- W2214272964 hasConcept C2776360696 @default.
- W2214272964 hasConcept C2777351106 @default.
- W2214272964 hasConcept C2778073360 @default.
- W2214272964 hasConcept C51303962 @default.
- W2214272964 hasConcept C551662922 @default.
- W2214272964 hasConcept C55214782 @default.
- W2214272964 hasConceptScore W2214272964C100001284 @default.
- W2214272964 hasConceptScore W2214272964C10138342 @default.
- W2214272964 hasConceptScore W2214272964C111326686 @default.
- W2214272964 hasConceptScore W2214272964C113216237 @default.
- W2214272964 hasConceptScore W2214272964C121955636 @default.
- W2214272964 hasConceptScore W2214272964C144133560 @default.
- W2214272964 hasConceptScore W2214272964C157263771 @default.
- W2214272964 hasConceptScore W2214272964C162077342 @default.
- W2214272964 hasConceptScore W2214272964C162324750 @default.
- W2214272964 hasConceptScore W2214272964C17744445 @default.
- W2214272964 hasConceptScore W2214272964C186027771 @default.
- W2214272964 hasConceptScore W2214272964C190253527 @default.
- W2214272964 hasConceptScore W2214272964C193681711 @default.
- W2214272964 hasConceptScore W2214272964C199539241 @default.
- W2214272964 hasConceptScore W2214272964C2776360696 @default.
- W2214272964 hasConceptScore W2214272964C2777351106 @default.
- W2214272964 hasConceptScore W2214272964C2778073360 @default.
- W2214272964 hasConceptScore W2214272964C51303962 @default.
- W2214272964 hasConceptScore W2214272964C551662922 @default.
- W2214272964 hasConceptScore W2214272964C55214782 @default.
- W2214272964 hasLocation W22142729641 @default.
- W2214272964 hasOpenAccess W2214272964 @default.
- W2214272964 hasPrimaryLocation W22142729641 @default.
- W2214272964 hasRelatedWork W1541232565 @default.
- W2214272964 hasRelatedWork W1559747219 @default.
- W2214272964 hasRelatedWork W1581644854 @default.
- W2214272964 hasRelatedWork W1586099097 @default.
- W2214272964 hasRelatedWork W163198970 @default.
- W2214272964 hasRelatedWork W167183086 @default.
- W2214272964 hasRelatedWork W2253943030 @default.
- W2214272964 hasRelatedWork W2439177762 @default.
- W2214272964 hasRelatedWork W2593849647 @default.
- W2214272964 hasRelatedWork W2801281375 @default.
- W2214272964 hasRelatedWork W2884603072 @default.
- W2214272964 hasRelatedWork W2907866992 @default.
- W2214272964 hasRelatedWork W2978046009 @default.
- W2214272964 hasRelatedWork W2991828955 @default.
- W2214272964 hasRelatedWork W3012060010 @default.
- W2214272964 hasRelatedWork W3122052408 @default.
- W2214272964 hasRelatedWork W3124630566 @default.
- W2214272964 hasRelatedWork W3193462905 @default.
- W2214272964 hasRelatedWork W343590897 @default.
- W2214272964 hasRelatedWork W3121781878 @default.
- W2214272964 isParatext "false" @default.
- W2214272964 isRetracted "false" @default.
- W2214272964 magId "2214272964" @default.
- W2214272964 workType "article" @default.