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Speaker, Congress established Alaska Native Settlement Trusts in 1988 to provide permanent health, education and welfare benefits to Alaska Natives, who are among the most economically disadvantaged populations in the United States.
Income Tax Return for Electing Alaska Native Settlement Trusts, and Form 1041QFT, U.S.
* Special tax treatment for electing Alaska native settlement trusts; and
This new elective tax regime permits Alaska Native settlement trusts to be taxed in a manner different from the normal fashion under Subchapter J of the I.R.C.
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