Rev. Rul. 64-328 held that the table of one-year premium rates set forth in Rev.
Rul. 55-747, 1955-2 C.B. 228, commonly referred to as the "P.S. 58" rates, may be
used to determine the value of the current life insurance protection provided to an
employee under a split-dollar arrangement. See http://www.irs.gov/pub/irs-drop/n-01-10.pdf for more information.
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