NFP Life

SCIN Transactions Results in Taxable Gifts

In Chief Council Advice (CCA) 201330033, released on July 26, 2013, the Internal Revenue Service (IRS) provided internal guidance regarding the gift and estate tax consequences of self-canceling installment notes (SCINs). Unfortunately, this CCA may raise more issues than it resolves. View this white paper, authored by NFP Life’s strategic partner Greenberg Traurig, to learn more: