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UN votes to create ‘historic’ global tax convention despite EU, UK moves to ‘kill’ proposal.
Advocates celebrated the resolution as a key step toward better representation for developing countries, but warned wealthy countries against further attempts to delay the much-needed reforms.
By Joanna Robin and Brenda Medina

Published on 08 SEP 2023 8:00 am ET.  

Whether a spouse or non-spouse is named the beneficiary of an individual retirement account (IRA) when the IRA owner dies, the current tax law allows the inheritance, or the total sum in the account, to be accepted tax-free. Beneficiaries of the IRA can also withdraw from the account without penalty at any time.

Whether a spouse or non-spouse is named the beneficiary of an individual retirement account (IRA) when the IRA owner dies, the current tax law allows the inheritance, or the total sum in the account, to be accepted tax-free. Beneficiaries of the IRA can also withdraw from the account without penalty at any time.

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