[Code of Federal Regulations]
[Title 26, Volume 8]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.678(b)-1]

[Page 308]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.678(b)-1  If grantor is treated as the owner.

    Section 678(a) does not apply with respect to a power over income, 
as originally granted or thereafter modified, if the grantor of the 
trust is treated as the owner under sections 671 to 677, inclusive.