§ 1.678(b)-1. (b)-1 If grantor is treated as the owner.
35 words·~1 min read·
/us/cfr/t26/s§ 1.678(b)-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 678(a) does not apply with respect to a power over income, as originally granted or thereafter modified, if the grantor of the trust is treated as the owner under sections 671 to 677, inclusive.