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HOUSE_OVERSIGHT_026584 - HOUSE_OVERSIGHT_026597
Considerations As mentioned briefly above, opinions differ as to whether a wholly grantor trust is considered a disregarded entity. In Rothstein, © the Second Circuit Court of Appeals implicitly held that a wholly grantor trust was not disregarded for all income tax purposes, because the grantor received a cost basis for assets pur
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ecause there was no rational basis to support it. The Second Circuit Court of Appeals affirmed the lower's court decision, finding that

Barack Obama
PersonPresident of the United States from 2009 to 2017

George W. Bush
PersonPresident of the United States from 2001 to 2009

John F. Kennedy
PersonPresident of the United States from 1961 to 1963 (1917–1963)

United States
LocationCountry located primarily in North America

Michigan
LocationState of the United States of America

John Kerry
PersonAmerican politician and diplomat (born 1943)

Colorado
LocationState of the United States of America

Wisconsin
LocationState of the United States of America

Reuters
OrganizationInternational news agency

Maine
LocationState of the United States of America

Hawaii
LocationState of the United States of America

Oregon
LocationState of the United States of America

Windsor
LocationCity in Essex County, Ontario, Canada

Nevada
LocationState of the United States of America

Illinois
LocationState of the United States of America

Maryland
LocationState of the United States of America

New Hampshire
LocationState of the United States of America

York City
LocationAssociation football club in Huntington, England

Vermont
LocationState of the United States of America

U.S. Treasury
OrganizationMuseum in Munich