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Articles Posted in 468B Qualified Settlement Funds

The Treasury Department has announced that the Society of Settlement Planner’s request to clarify section 468B’s tax treatment of a single-claimant qualified settlement fund is on their 2006 Priority Guidance Plan. In its August 15, 2006 joint statement it stated that the 264 projects should be completed between June 2006 and July 2007. This request has been with Treasury since June 19, 2003. http://www.irs.gov/pub/irs-utl/2006-2007pgp.pdf.