Internal Revenue Bulletin:  2007-30 

July 23, 2007 


Table of Contents

Rev. Rul. 2007-48 Rev. Rul. 2007-48

Nonexempt employees’ trusts. This ruling considers the federal tax consequences to the employees, the employer, and the trust when an employer contributes to a nonexempt employees’ trust on behalf of highly compensated employees. It also explains the effects of vesting of an employee’s interest in the trust and distributions from the trust. Rev. Rul. 74-299 amplified.

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