Lewis Saret authored the following column, published in CCH Taxes – The Tax Magazine, The Estate Planner: Happy New Year from the Treasury: The Final 3.8-Percent Net Investment Income Tax Regs-Part II.
“On December 2, 2013, the Treasury published final regulations (“Final Regulations”) with respect to Code Sec. 1411, which finalized the proposed regulations that Treasury released on November 30, 2012 (“Proposed Regulations”). In addition to the Final Regulations, the Treasury and the IRS contemporaneously published a new set of proposed regulations (“New Proposed Regulations”) relating to Code Sec. 1411. Part I of this column began to discuss the Final Regulations. This column, Part II, continues where Part I left off and concludes the discussion.”