The Federal Estate and Gift Tax: A Case Study in Uncertainty
12.01.2011
National Tax Journal
Article
Excerpt taken from article. Received permission from the National Tax Association.
This paper, written by Beth Kaufman, uses the Federal estate and gift tax to illustrate the existence of uncertainty in the tax law. After a brief description of the historical circumstances of these taxes and recent legislation, two examples of the effects of uncertainty are discussed. Finally, the negative consequences of uncertainty in the tax law are explored. Click on the attached pdf to read the full version of the article.
This paper, written by Beth Kaufman, uses the Federal estate and gift tax to illustrate the existence of uncertainty in the tax law. After a brief description of the historical circumstances of these taxes and recent legislation, two examples of the effects of uncertainty are discussed. Finally, the negative consequences of uncertainty in the tax law are explored. Click on the attached pdf to read the full version of the article.