IRS Prop. Reg.: Use of Actuarial Tables in Valuing Annuities, Interests for Life or a Term of Years, and Remainder or Reversionary Interests (IRC §7520)

Proposed rules relating to the use of actuarial tables in valuing annuities, interests for life or a term of years, and remainder or reversionary interests, issued by the IRS May 4. The proposed regulations will affect the valuation of inter vivos and testamentary transfers of interests dependent on one or more measuring lives, the IRS stated. The updated tables reflect the most recent mortality experience available, the IRS noted. The proposed regulations contain Table 2010CM that is based on data compiled from the 2010 census, the IRS provided. Subject to transition rules, proposed to be applicable in the case of ...