Source: http://taxtv.com/code/00503-USCODE-2011-title26-subtitleA-chap1-subchapJ-partI-subpartE-sec677/
Timestamp: 2017-10-22 04:42:57
Document Index: 106095507

Matched Legal Cases: ['§677', '§677', '§677', '§332', '§1402', '§332', '§332']

IRC §677. Income for benefit of grantor - TaxTV.com
IRC §677. Income for benefit of grantor
View related content: IRC §677
(2) held or accumulated for future distribution to the grantor or the grantor’s spouse; or
(3) applied to the payment of premiums on policies of insurance on the life of the grantor or the grantor’s spouse (except policies of insurance irrevocably payable for a purpose specified in section 170(c) (relating to definition of charitable contributions)).
(Aug. 16, 1954, ch. 736, 68A Stat. 230; Pub. L. 91–172, title III, §332(a), Dec. 30, 1969, 83 Stat. 599; Pub. L. 99– 4, title XIV, §1402(b)(3), Oct. 22, 1986, 100 Stat. 2712.)
1986—Subsec. (a). Pub. L. 99– 4 substituted “the occurrence of an event” for “the expiration of a period” and “the occurrence of the event” for “the expiration of the period” in last sentence.
1969—Subsec. (a)(1) to (3). Pub. L. 91–172, §332(a)(1), inserted “or the grantor’s spouse” after “the grantor” in pars. (1), (2), and (3).
Subsec. (b). Pub. L. 91–172, §332(a)(2), inserted “(other than the grantor’s spouse)” after “beneficiary”.
Section 332(b) of Pub. L. 91–172 provided that: “The amendments made by subsection (a) [amending this section] shall apply in respect of property transferred in trust after October 9, 1969.”