Journal of Taxation
Congress could adopt legislation retroactively reinstating the estate and GST taxes to the beginning of 2010, despite some question about the constitutionality of doing so. Nevertheless, estate planners and their clients need to take the current situation in account as well as the possibility the estate and GST taxes will be imposed retroactively to beginning of this year.
Jonathan G. Blattmachr, Mitchell M. Gans, Howard M. Zaritsky, and Diana S.C. Zeydel,
The Impossible Has Happened: No Federal Estate Tax, No GST Tax, And Carryover Basis For 2010, 112 J. Tax'n 68
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