Nevada CPA

Articles

Treasury to pull regulations after review of burdensome tax rules

October 5, 2017

The Treasury Department announced Wednesday that it will pull several tax regulations identified as burdensome under President Donald Trump's Executive Order 13789, including the proposed Sec. 2704 regulations that would limit valuation discounts for estate, gift, and generation-skipping transfer tax purposes (Second Report to the President on Identifying and Reducing Tax Regulatory Burdens (Oct. 4, 2017)).

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