3.8% Net Investment Income Tax - WTP speaker

Date: February 18, 2014 - 12:00 PM - 1:30 PM

Telephone seminar and audio webcast

Register today for this ALI-CLE program on the 3.8% Net Investment Income Tax (“NII Tax” or “NIIT”) so you can learn about the impact of the Final Regulations on trusts and family businesses. These Final Regulations under Internal Revenue Code Section 1411 issued on December 2, 2013 (“Final Regulations”) have been hailed as “taxpayer-friendly” and a major improvement over the original regulations proposed in 2012. By the end of this program, you will have a firm understanding of the NII Tax and how it affects trusts and family businesses.

Programming note: although the program assumes a familiarity with the NII Tax, presenters will highlight its essential points.

Topics to be covered include:

  • determining which trusts are subject to the NII Tax and which are not (including the treatment of grantor trusts)
  • the mechanics of the determination of the NII Tax for a non-grantor trust or estate
  • the disproportionate impact of the NII Tax on fiduciaries
  • and more!