The Estate Tax Should Not Apply to Domestic Stock Owned by NRAs

14 Pages Posted: 9 Apr 2021

Date Written: April 8, 2021

Abstract

Congress needs to reconsider whether Code section 2104(a) which subjects the ownership of domestic stock by nonresident aliens to estate tax merits retention. This analysis offers several reasons as to why policy makers should introduce legislation that either repeals this Code section or significantly narrows its application.

Keywords: Nonresident aliens, 2104, estate tax

JEL Classification: K34

Suggested Citation

Soled, Jay, The Estate Tax Should Not Apply to Domestic Stock Owned by NRAs (April 8, 2021). Quinnipiac Probate Law Journal, Vol. 34, No. 2, 2021, Available at SSRN: https://ssrn.com/abstract=3822609

Jay Soled (Contact Author)

Rutgers University ( email )

1 Washington Park
Newark, NJ 07901-1825
United States
(973) 353-1727 (Phone)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
42
Abstract Views
132
PlumX Metrics