IRS PLR: Insurance Company Contract to be Treated as Annuity Contract (IRC §72)

Nov. 8, 2024, 9:27 PM UTC

The IRS has published a private letter ruling on Section 72 regarding annuities and certain proceeds of endowments and life insurance contracts. [PLR 202445015]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.