... [T]he 2010 Health Reform Act (Patient Protection and Affordable Care Act, 111 P.L. 148 (March 23, 2010) as amended by the Health Care and Education Affordability Reconciliation Act of 2010... imposes numerous new requirements on employer-provided group health plans, ranging from new prohibitions...
The Health Reform Act of 2010 enacted IRC §
7701(o), entitled "Clarification of economic substance doctrine." This
doctrine can be seen in the estate planning field, being a part of various
types of transactions. Examples include: when business entities are created and
by Richard B. Robinson *
IRC Section 1411 imposes a new Medicare tax on the net investment income of individual taxpayers. The tax is equal to 3.8 percent of the lesser of:
the taxpayer's net investment income or
the taxpayer's modified adjustment gross income over the threshold amount...