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<p>Former US Federal Reserve chairman Ben Bernanke says that the \
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Tamil Vision HD | தமிழ்த் தொலைக்காட்சி
⏲ 4 minutes 38 seconds 👁 18.7K
Nivipedia
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Easing the cost of living is Labor's \
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Rk24
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dalit industries association
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The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 3.8M
Labor’s self-proclaimed ‘responsible’ budget has delivered the second consecutive surplus in nearly two decades. Canberra Times politics reporter Miriam Webber and political analyst Mark Kenny break down what it means for Australians.
⏲ 3:33 👁 48.6M
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 1.6M
Heathrow Airport has accused the Government of “curtailing the UK’s global connectivity”.The west London airport criticised measures such as introducing a £10 fee for some transiting passengers and the refusal to resume tax-free shopping for international visitors.
⏲ 0:41 👁 7.9M
Chancellor of the Exchequer Jeremy Hunt accused Labour of using “playground politics” to distract debate from the \
⏲ 0:45 👁 1M
Tax evaders wishing to wipe the slate clean with the Inland Revenue Board (LHDN) have until end of this month to do so, says Datuk Abu Tariq Jamaluddin.<br/><br/>The LHDN chief executive officer said this is because the deadline for thoseseeking a fresh start under the Special Voluntary Disclosure Programme 2.0 (SVDP) ends this May 31, after which they may end up paying a hefty penalty.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>
⏲ 3:28 👁 6.9M
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