Under current tax rules, capital gains that have been deferred and remain unrecognized during a person's lifetime are exempted from income tax upon the death of the wealth holder.

Authors

• Person: Eugene Steuerle Organization: Milken Review
  Taxes, Government Transfers and Wealth Inequality

Sources

• Taxes, Government Transfers and Wealth Inequality www.milkenreview.org Eugene Steuerle · Milken Review via serper

Referenced by nodes (1)

• capital gains concept