Proposed Regulations Limiting Discounts on Family Gifts Targeted for Reform

By:  Amanda Wilson Last summer, we discussed the IRS’s issuance of new Proposed Regulations under Section 2704 of the Internal Revenue Code, which regulations would severely impact discounts on gifts made to family members.  (Our prior discussion can be found here.)   Earlier this year, the Trump Administration issued an executive order instructing the Treasury Department to review … Continue reading Proposed Regulations Limiting Discounts on Family Gifts Targeted for Reform