Definitions for "Attribution Rules"
Legislation under which interest, dividends, or capital gains earned on assets you transfer to your spouse will be treated as your own for tax purposes. Interest or dividends relating to property transferred to children under 18 also will be attributed back to you. The exception to this rule is that capital gains relating to property transferred to children under 18 will not be attributed back to you.
A set of tax rules that treats a stockholder as if he or she owned the stock actually held by certain family members or by certain trusts and other businesses in which he or she has an interest.
Specific anti-avoidance rules designed to prevent higher-income earners from diverting personal services income to other associated entities, such as companies and trusts. The intended policy is to ensure that these taxpayers cannot avoid the highest personal tax rate of 39%.