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GGD-76-1 1 (1975-10-20)

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REPORT TO THE JOINT COMMITTEE

ON INTERNAL REVENUE TAXATION

CONGRESS OF THE UNITED STATES



BY THE COMPTROLLER GENERAL

OF THE UNITED STATES


Proposed Changes In

Estate Taxation




Internal Revenue Service


Department


of the Treasury


GAO is recommending changes in the Internal
Revenue Code to preclude

   --unintended tax benefits or burdens re-
   sulting from gifts determined to be in
   contemplation of death and

   --other unintended benefits resulting
   from executors' use of the alternate val-
   uation method to value decedents'
   estates.





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GGD-76-1

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