Words and Phrases - "class of units"

a
85
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
73
j
2
k
2
l
32
m
55
n
25
o
38
p
80
q
3
r
76
s
89
t
46
u
15
v
9
w
22
y
2

12 February 2003 External T.I. 2002-0167545 - MFT - Units Issued in Series

Summary Under
Tax Topics - Income Tax Regulations - Regulation 4801 - Paragraph 4801(b)
if 2 or more series, 150-unitholder test applied by requiring the block size to be based on the unit value of the lower-value series’ units

Units of a unit trust consist of one class issued in two series, with those of the first series having a fair market value (FMV) of less than $25...

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Words and Phrases
class of units series
Locations of other summaries Wordcount
Tax Topics - Income Tax Regulations - Regulation 4803 - Subsection 4803(1) - Block of Units block size for multiple series based on FMV of least valuable unit 102
Tax Topics - Income Tax Regulations - Regulation 4801 - Paragraph 4801(a) - Subparagraph 4801(a)(i) distribution requirement can be satisfied by only one of the series within a class 104