TAX KOOKS & WEIRDOS
(YOUR SECOND OPINION ON "PURE" TRUSTS)

2. Technical Issue of Federal Tax Law.

     A.  What about that letter from the IRS that says a pure trust organization doesn't have to pay taxes?
     B.  Has the IRS ever made an official and public statement about these pure-trust outfits?

     C.  Has the United States Supreme Court (a/k/a the u.S. supreme Court) ever ruled on the income tax effects of these "pure" trusts?

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