Open AccessTax Planning for Dispositions of Depreciable Property at Death
Author(s) -
Vern Krishna
Publication year - 1977
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr2288
Subject(s) - accounts payable , taxpayer , tax planning , annuity , economics , business , life annuity , public economics , law and economics , tax reform , actuarial science , microeconomics , finance , tax avoidance , payment , macroeconomics , pension
Tax planning for the death of taxpayer must depend on the ultimate cost, determined by such factors as marginal rates of the parties, income averaging annuity contracts, and amount of accelerating tax payable with an inter vivos transfer. These tax factors must be considered before the appropriate better" or "cheaper" tax plan can be achieved.