In the United States, a rabbi trust is a type of trust used by businesses or other entities to defer the taxability to the person or entity receiving (the payee) such payments as employee compensation or purchase payments in the acquisition of another business. == History == The Internal Revenue Service issued a private ruling in 1980 regarding the legality of a trust that members of a synagogue created to compensate their rabbi.
In the United States, a rabbi trust is a type of trust used by businesses or other entities to defer the taxability to the person or entity receiving (the payee) such payments as employee compensation or purchase payments in the acquisition of another business. == History == The Internal Revenue Service issued a private ruling in 1980 regarding the legality of a trust that members of a synagogue created to compensate their rabbi.
Source: Wikipedia "Rabbi trust" · CC BY-SA 4.0
Share this article: X · Bluesky