ABA Section of Taxation Public Policy: ABA Policy, adopted 2001

Section of Taxation
ABA Policy

American Bar Association
Section of Taxation
Report to the ABA House of Delegates

RECOMMENDATION

RESOLVED, That the American Bar Association recommends that the Congress amend section 642(c)(5) of the Internal Revenue Code of 1986 in order to permit pooled income funds to be invested more prudently for total return and to permit the creation of a unitrust interest in assets transferred to pooled income funds.

REPORTINFORMATION FORMEXECUTIVE SUMMARY

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