Jay Soled, of Rutgers University, has made available for download his article, “The Estate Tax Should Not Apply to Domestic Stock Owned by NRAs,” published in Quinnipiac Probate Law Journal, Vol. 34, No. 2, 2021. The abstract is as followed:
Congress needs to reconsider whether Code section 2104(a) which subjects the ownership of domestic stock by nonresident aliens to estate tax merits retention. This analysis offers several reasons as to why policy makers should introduce legislation that either repeals this Code section or significantly narrows its application.
To see the full article, click: “The Estate Tax Should Not Apply to Domestic Stock Owned by NRAs” by Jay Soled.
Posted by Bella Hoang, Managing Associate Editor, Wealth Strategies Journal.
