Table of Contents

• Rev. Rul. 2012-19
  • ISSUE
  • FACTS
  • LAW
  • ANALYSIS
  • HOLDINGS
  • DRAFTING INFORMATION
• T.D. 9593
  • AGENCY:
  • ACTION:
  • SUMMARY:
  • DATES:
  • FOR FURTHER INFORMATION CONTACT:
  • SUPPLEMENTARY INFORMATION:
    • Paperwork Reduction Act
    • Background
    • Section 303(a) of TRUIRJCA
    • Notice 2011-82
    • Notice 2012-21
    • Explanation of Provisions
    • 1. Rules in Section 2010(a), (b), and (d) of the Code
    • 2. Explanation of Applicable Terms
    • 3. Making the Portability Election
    • a. Election Required on Estate Tax Return
    • b. Timely Filing Required
    • c. Portability Election upon Filing of “Complete and Properly-Prepared” Estate Tax Return
    • d. Opting Out of Portability Election
    • e. Executor Responsible For Making Portability Election
    • 4. Computing the DSUE Amount
    • a. Computation Required On Estate Tax Return to Elect Portability
    • b. Method of Computing the DSUE Amount
    • c. Effect of Gift Taxes Paid and Payable on Computing the DSUE Amount
    • d. Potential Impact of Credits in Sections 2013 — 2015 on the DSUE Amount
    • 5. Use of the DSUE Amount by the Surviving Spouse
    • a. Date DSUE Amount May Be Taken into Consideration by Surviving Spouse
    • b. Last Deceased Spouse Limitation on DSUE Amount Available to Surviving Spouse
    • c. DSUE Amount Available in Case of Multiple Spouses and Previously-Applied DSUE Amount
    • 6. Authority to Examine Returns of Deceased Spouses
    • 7. Applicability of Portability Rules to Nonresidents Who Are Not Citizens
    • 8. Applicability of Portability in Case of Qualified Domestic Trusts
    • Special Analyses
  • Amendments to the Regulations
    • PART 20—ESTATE TAX; ESTATE OF DECEDENTS DYING AFTER AUGUST 16, 1954
    • PART 25—GIFT TAX; GIFTS MADE AFTER DECEMBER 31, 1954
    • PART 602—OMB CONTROL NUMBERS UNDER THE PAPERWORK REDUCTION ACT
  • Drafting Information
• T.D. 9591
  • AGENCY:
  • ACTION:
  • SUMMARY:
  • DATES:
  • FOR FURTHER INFORMATION CONTACT:
  • SUPPLEMENTARY INFORMATION:
    • Background
    • Summary of Comments and Explanation of Revisions
    • A. Substantial Business Activities
    • B. Options
    • 1. General approach
    • 2. Voting power
    • 3. Effect of options on equity holders
    • 4. Other rules
    • C. Insolvent Entities
    • D. Acquisitions of Multiple Domestic Entities and Disregard of Affiliate-Owned Stock
    • E. Downstream Transactions
    • Effective/Applicability Dates
    • Special Analyses
  • Adoption of Amendments to the Regulations
    • PART 1—INCOME TAXES
    • §1.7874-1T [Removed]
    • §1.7874-2T [Removed]
  • Drafting Information
• T.D. 9592
  • AGENCY:
  • ACTION:
  • SUMMARY:
  • DATES:
  • FOR FURTHER INFORMATION CONTACT:
  • SUPPLEMENTARY INFORMATION:
    • Background
    • Explanation of Provisions
    • A. General Approach
    • B. Threshold of Business Activities
    • 1. Group employees
    • 2. Group assets
    • 3. Group income
    • 4. Applicable date
    • C. Attribution from a Partnership
    • D. Effective Date
    • Special Analyses
    • Requests for Comments
  • Amendments to the Regulations
    • PART 1—INCOME TAXES
  • Drafting Information