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    Treasury Issues Tax Guidance on Per Capita Tribal Payments

    Guidance Provides Significant Clarity, Incorporates Feedback from Tribal Nations
    On March 10, the U.S. Department of the Treasury and Internal Revenue Service (IRS) issued interim guidance regarding per capita distributions made to members of Indian tribes from funds held in trust by the Secretary of the Interior.  In response to feedback from tribal nations, the guidance clarifies that, generally, these per capita payments will not be subject to federal income tax.

    Source indiancountrytodaymedianetwork.com

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