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SECURE 2.0 Modifies Controlled Group and Affiliated Service Group Rules
The Wagner Law Group
[Guidance Overview] Mar. 14, 2023 "SECURE Act 2.0 changes the family attribution rules to allow disaggregation of the entities if the only common ownership is the indirect ownership of the entities by a child under the age of 21 due to the attribution of the parents' ownership interests to the child.... [A second change disregards] community property laws when determining ownership for purposes of controlled groups and affiliated service groups." MORE >> |
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