Article On Eliminating the Step-Up in Basis at Death

 Sean P. McElroy (J.D. Candidate for 2016, Stanford University School of Law) recently published an article entitled, A New Estate Tax: Eliminating the Step-Up in Basis at Death, Tax Notes, Vol. 148, No. 9, August 31, 2015. Provided below is an abstract of the article:

In this report, McElroy analyzes the practical ramifications of eliminating section 1014 and instead treating death as a realization event.