HOUSE_OVERSIGHT_019443.jpg
2.06 MB
Extraction Summary
1
People
9
Organizations
2
Locations
2
Events
1
Relationships
2
Quotes
Document Information
Type:
Financial/legal newsletter or memo (tax update)
File Size:
2.06 MB
Summary
This document is a page from a 'Tax Topics' update dated January 29, 2014, authored by Blanche Lark Christerson of Deutsche Asset & Wealth Management. It discusses proposed New York legislation aimed at closing tax loopholes for trusts (specifically 'INGs' and 'DINGs') and reports on IRS federal interest rates (7520 rates) for January and February 2014. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production to the U.S. House Oversight Committee, likely related to investigations into Deutsche Bank's dealings with Jeffrey Epstein.
People (1)
| Name | Role | Context |
|---|---|---|
| Blanche Lark Christerson | Managing Director |
Author of the document; works at Deutsche Asset & Wealth Management in New York City.
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Organizations (9)
| Name | Type | Context |
|---|---|---|
| Deutsche Asset & Wealth Management |
Employer of the author; issuing organization of the document.
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| Deutsche Bank AG |
Parent company mentioned in the disclaimer.
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| IRS |
Internal Revenue Service; issued federal rates mentioned in the text.
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| New York Bar Association |
Trusts and Estates section provided recommendations for the legislation.
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| Tax Reform and Fairness Commission |
Issued a report in November 2013 containing the recommendations.
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| Deutsche Bank Trust Company, N.A. |
Legal entity providing trust services.
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| Deutsche Bank Trust Company Delaware |
Legal entity providing trust services.
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| Deutsche Bank National Trust Company |
Legal entity providing trust services.
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| House Oversight Committee |
Implied via Bates Stamp 'HOUSE_OVERSIGHT_019443'.
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Relationships (1)
Blanche Lark Christerson is a managing director at Deutsche Asset & Wealth Management
Key Quotes (2)
"wealthy New Yorkers seem unlikely to view these changes as 'improvements' to the taxation of trusts, but rather, as another reason to move out of New York."Source
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Quote #1
"the bill would eliminate a 'loophole' that allows so-called incomplete gift, non-grantor trusts ('INGs' or 'DINGs,' if the trusts are created in Delaware) to completely avoid New York income tax"Source
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Quote #2
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