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Marc Gerson Quoted on Estate Tax Regulation in InvestmentNews

Subtitle
"Republican lawmakers attempt to stop estate-tax regulation"

InvestmentNews

Marc Gerson was quoted regarding the potential for Republican lawmakers in the House to stop a proposed estate tax regulation set to be final at the end of the year. Rep. Warren Davidson introduced a bill this week to halt a proposed Treasury regulation limiting tax-planning strategies that lower the valuation of ownership stakes in corporations and partnerships that are transferred between generations. In the short time left for Congress to meet this year, Gerson suggested the bill may not succeed. "As a procedural matter, it would be difficult to move it forward," he said. "It's a question of whether they go beyond messaging. Do they start garnering attention and support from tax writers?"