MultiTax Commission

An intergovernmental state tax agency whose mission is to promote uniform and consistent tax policy and administration among the states, assist taxpayers in achieving compliance with existing tax laws, and advocate for state and local sovereignty in the development of tax policy.

Trusts Work Group

Project Description

At its March, 2014 meeting, the Income and Franchise Tax Subcommittee heard a presentation on the emerging use of trusts by individuals to avoid income taxes.  At the following meeting, the Subcommittee voted to take up a project on trust taxation with a focus on the following: trust residence; whether DING trusts are being used appropriately; and whether states should consider legislation regarding DING trusts.  As a first step, the Subcommittee created a work group to evaluate the pros and cons and weigh in on the project.

Public Notice and Agenda

Trusts Work Group
via Teleconference

Tuesday, October 28, 2014
3:00 p.m. Eastern 

Dial-In Number: 1-888-809-4012
Conference Code: 101912

Click here for a PDF copy of this agenda

I. Welcome and Introductions
II. Initial Public Comment Period
In accordance with its Public Participation Policy, the Commission provides this opportunity for members of the public to address the Commission directly on this agenda.
III. Project Work
     a.  Review relevant materials
b.  Discuss different approaches for project
IV. Next Steps
       Assess need for future meetings and schedule accordingly
V. Adjourn

Past Meeting Materials

Additional information on this meeting and agenda may be secured from Lila Disque, Multistate Tax Commission, 444 North Capitol Street, N.W., Suite 425, Washington, D.C. 20001-1538, Telephone: (202) 660-1906.