Sentences with phrase «estate tax purposes under»

Under current law, the value of farmland can be reduced up to $ 1 million for estate tax purposes under § 2032 (a)(Special Use Valuation).

Not exact matches

Brookfield plans to create a new real estate investment trust under the ticker «BPR,» which will qualify as a REIT for tax purposes and issue shares in this transaction.

This document contains final regulations that provide transition rules providing that executors and other persons required to file or furnish a statement under section 6035 (a)(1) or (2) regarding the value of property included in a decedent's gross estate for federal estate tax purposes before June 30, 2016, need not have done so until June 30, 2016.

Since all amounts under $ 1 million are not subject to estate tax, you won't need insurance for this purpose if your estate is worth less.