Internal Revenue Bulletin: 2003-46 |
November 17, 2003 |
Table of Contents
- Highlights of This Issue
- Preface
- Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
- Rev. Rul. 2003-117
- Rev. Rul. 2003-115
- T.D. 9092
- AGENCY:
- ACTION:
- SUMMARY:
- DATES:
- FOR FURTHER INFORMATION CONTACT:
- SUPPLEMENTARY INFORMATION:
- Paperwork Reduction Act
- BACKGROUND AND EXPLANATION OF PROVISIONS
- 1. Summary of the Prior Notices of Proposed Rulemaking
- 2. Overview of the Final Regulations
- Definition of split-dollar life insurance arrangement
- Mutually exclusive regimes
- Owners and non-owners
- 3. Taxation Under the Economic Benefit Regime
- a. In general
- Non-Equity Split-Dollar Life Insurance Arrangements
- Equity Split-Dollar Life Insurance Arrangements
- Other Tax Consequences
- b. Taxation of amounts received under the life insurance contract
- c. Transfer of life insurance contract to the non-owner
- 4. Taxation Under the Loan Regime
- a. In general
- b. Special rules for certain term loans
- c. Split-dollar loans with stated interest that is subsequently waived, cancelled or forgiven
- d. Payment ordering rules
- e. Employment taxes and self-employment tax
- 5. Gift Tax Treatment of Split-Dollar Life Insurance Arrangements
- 6. Effective Date and Obsolescence of Prior Guidance
- Special Analyses
- Adoption of Amendments to the Regulations
- Drafting Information
- Rev. Rul. 2003-116
- Rev. Rul. 2003-110
- Part IV. Items of General Interest
- Definition of Terms and Abbreviations
- Numerical Finding List
- Effect of Current Actions on Previously Published Items
- How to get the Internal Revenue Bulletin
More Internal Revenue Bulletins |