WASHINGTON, Dec. 16 (TNSFR) -- The U.S. Department of the Treasury Internal Revenue Service has adopted final regulations regarding the exclusion from gross income of tribal general welfare benefits. These regulations and applying to taxable years beginning thereafter, clarify the requirements for an Indian tribal government program to qualify its benefits for this exclusion.

The rule affects federally recognized tribes, their governments and instrumentalities, and members of suchri . . .

Click here for more information about our products