The CRAT Is Back
- The CRT Tax Trap-Danger Lurking. Lindsay-ochoa, Elizabeth // National Underwriter / Life & Health Financial Services;12/12/2005, Vol. 109 Issue 47, p14
This article discusses various issues related to the charitable remainder trusts (CRTs), with specific reference to the danger of losing its tax-exempt status. CRTs provide a donor with an income stream while giving the qualified charity a remainder interest. Thus it proves to be a valuable...
- The Community Income Theory of the Charitable Contributions Deduction. Buckles, Johnny Rex // Indiana Law Journal;Fall2005, Vol. 80 Issue 4, p947
The charitable contributions deduction, a longstanding yet controversial feature of the Internal Revenue Code, has been justified under subsidy theories and tax-base theories. Focusing on the latter, this Article presents and explains a new tax-base theory in support of the charitable...
- CHARITABLE CONTRIBUTIONS TO INTERNATIONAL RELIEF AND DEVELOPMENT. Ribar, David C.; Wilhelm, Mark O. // National Tax Journal;Jun95, Vol. 48 Issue 2, p229
This paper uses 1988ï¿½1991 state-level data to examine the effects of tax policy, income, and sociopolitical characteristics on charitable contributions to international relief and development. Unlike assistance to domestic religious, educational, cultural, health, and social welfare...
- Contributions to flood relief organizations deductible. // Practical Accountant;Oct94, Vol. 27 Issue 10, p22
Discusses that contributions to flood relief organizations are tax deductible.
- Hot issue: Euro fundraising. // Third Sector;5/18/2010, Issue 615, p35
The article discusses the measures brought in by the March Budget for charities in Great Britain, which extend charitable tax reliefs in Iceland, Norway and the European Union.
- The Estate Planner's Guide To International Philanthropy. Leibell, David T.; Haranzo, Mark E.; Johnson, Phyllis Maloney // Trusts & Estates;Mar2009, Vol. 148 Issue 3, p21
The article cautions against complex tax rules and counter-terrorism laws that U.S. taxpayers should comply with when making contributions to foreign charities and foundations. The author states that court decisions and changing laws in other countries affect U.S. taxpayers' ability to donate to...
- Many Happy Returns. Klott, Gary // On Wall Street;Apr2001, Vol. 11 Issue 4, p106
Offers tips to financial services companies on how to help their clients about income tax return filing. Tax benefits of investor's donation to charitable institutions; Importance of capital gains and losses to minimize taxation on future sales of securities; Advantage of monitoring investor's...
- Prepare for a Possible Change to Tax-exempt Status of Charities. Sharpe Jr., Robert F. // Trusts & Estates;Jul2011, Vol. 150 Issue 7, p14
In this article, the author focuses on the possibility of charitable institutions being subject to tax. He tells that there are proposals calling for a change in the tax treatment of charitable gifts and it ranges from limiting or eliminating the charitable income tax deduction to revisiting the...
- Giving Guide. Chatzky, Jean; Torabi, Farnoosh // Time;12/29/2003-1/5/2004, Vol. 162/163 Issue 26/1, p161
Offers a guide for documenting charitable gifts. Need to have proof from the charity that the contribution has been made; Receipts and records; Details necessary for contributions over $500.