Advisers unclear on strategies to minimize 3.8% investment tax

Financial advisers are worried that some business owners could be hit with millions of dollars of tax liabilities for the new 3.8% investment income tax because there isn't guidance on how it applies to businesses owned by trusts. Several organizations, including a tax group at the American Bar Association, are seeking answers from the Internal Revenue Service.

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Wall Street Journal (tiered subscription model), The · ThinkAdvisor

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