Internal Revenue Bulletin:  2008-47 

November 24, 2008 


Table of Contents

Notice 2008-99 Notice 2008-99

This notice identifies a transaction, and substantially similar transactions, as transactions of interest for purposes of regulations section 1.6011-4(b)(6) and sections 6111 and 6112 of the Code. In the transaction, a sale or other disposition of all the interests in a charitable remainder trust (subsequent to the contribution of appreciated assets to and their reinvestment by the trust) results in the grantor or other noncharitable recipient receiving the value of the grantor or other noncharitable recipient’s trust interest and claiming to recognize little or no taxable gain.

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