Home      Login


Private Letter Rulings No Self-Dealing in Contribution of LLC Units to Family Foundation  


Author:  Staff Editors.


Source: Volume 09, Number 04, May/June 2010 , pp.12-12(1)




Family Foundation Advisor

< previous article |next article > |return to table of contents

Abstract: 

In PLR 201012050, IRS held that a complicated transaction involving a gift of limited liability company (LLC) units to a family foundation would not give rise to an act of self-dealing, although the transfer would be treated as a bargain sale.

Keywords: 

Affiliations:  .

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $10

< previous article |next article > |return to table of contents