The AICPA responded June 26, 2012 to an IRS request for comments about when transfers of principal from one irrevocable trust to another irrevocable trust should not be treated as having an income, gift, estate and/or generation-skipping transfer tax consequence.
Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/3GtJ1wACzJU/AICPA-Submits-Comments-to-IRS-on-Transfers-from-Irrevocable-Trusts.aspx
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