Important Legal Cases
- Audrey J. Walton v. Commissioner, 115 T.C. 589 (2000), acq. Notice 2003-72, 2003-44 IRB, 15 October 2003. This case established the current way that the IRS established a gift value for a GRAT.
Read more about this topic: Grantor Retained Annuity Trust
Famous quotes containing the words important, legal and/or cases:
“To me, nothing can be more important than giving children books, It’s better to be giving books to children than drug treatment to them when they’re 15 years old. Did it ever occur to anyone that if you put nice libraries in public schools you wouldn’t have to put them in prisons?”
—Fran Lebowitz (20th century)
“No oppression is so heavy or lasting as that which is inflicted by the perversion and exorbitance of legal authority.”
—Joseph Addison (1672–1719)
“... in all cases of monstrosity at birth anaesthetics should be applied by doctors publicly appointed for that purpose... Every successive year would see fewer of the unfit born, and finally none. But, it may be urged, this is legalized infanticide. Assuredly it is; and it is urgently needed.”
—Tennessee Claflin (1846–1923)