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Treasury and IRS Shut Down Abusive Life Insurance Policies in Retirement Plans
Internal Revenue Service [IRS] 
Feb. 13, 2004 Press release. Excerpt: Today, the Treasury Department and the Internal Revenue Service issued guidance to shut down abusive transactions involving specially designed life insurance policies in retirement plans, section '412(i) plans.' The guidance designates certain arrangements as 'listed transactions' for tax-shelter reporting purposes. MORE >> |
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