Private letter rulings - IRC Section 451 Issue PLR Number Whether the Tribe will be treated as the owner of Trust under section 676 because the Tribe and nonadverse parties may terminate Trust and revest the assets in the Tribe. Furthermore, whether the Tribe, which is not subject to federal income tax, shall not be subject to federal income tax on the income of the Trust. PLR-200209015 PDF 11/26/2001
