Comment on FR Doc # 2012-12855

A person giving rights to property is conducting a business transaction that depending on the property could be unethical. The individual conferring rights to another in hopes that the person receiving such property will perform a service to a certain standard or level should be an expert. And be able to prove or show that they have reason to believe the other party was suitable. The viability of this Proposed Rule would directly hinge on the contract. It would be up to the person giving away rights to prove and submit this information to IRS.