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URL:  http://boards.fool.com/just-found-this-on-irs-site-which-seems-to-say-20280284.aspx

Subject:  Re: complicate vacation home transaction Date:  2/6/2004  4:27 PM
Author:  HokeySon Number:  69293 of 121339

Just found this on IRS site, which seems to say there will be a tax savings:


Home > Instructions
Instructions


General Instructions
Table of Contents

A Change To Note
Purpose of Schedule
Who Must File
Personal Holding Company
A Change To Note
Effective as of January 1, 2003, the tax rate applicable to undistributed personal holding company income is decreased from 38.6% to 15%.


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