Internal Revenue Bulletin:  2010-7 

February 16, 2010 


Table of Contents

Notice 2010-19 Notice 2010-19

This notice applies to taxpayers making gifts in trust during 2010. Under section 2511(c) of the Code, a transfer of property to a non-wholly owned grantor trust is a transfer by gift of the entire interest in the property. To determine whether a transfer to a wholly owned grantor trust constitutes a gift, the gift tax provisions in effect prior to 2010 apply.

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