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September 8, 1999
TO: TAX COMMITTEE No. 25-99
TASK FORCE ON ADVISER/DISTRIBUTOR TAX ISSUES
RE: SEPTEMBER 28 MEETING ON ADVISER/DISTRIBUTOR TAX ISSUES
______________________________________________________________________________
A meeting of the Tax Committee and the Task Force on Adviser/Distributor Tax Issues will be
held on September 28, 1999 at 10:00 am to discuss three issues. The first issue, which will be the
principal discussion topic, relates to the Institute’s draft submission to the IRS with respect to a
proposed industry-wide settlement of the treatment of new fund start-up expenses. We anticipate e-
mailing to you later this week a draft memorandum setting forth our proposal. The other two issues for
discussion will be the status of the IRS’ reconsideration of the proper treatment of certain fund
distribution costs, and the IRS’ treatment of cash infusions into money market funds.
The meeting will be held in the Institute’s David Silver Conference Room, on the 12th Floor of
our offices at 1401 H Street, NW, Washington, DC 20005, beginning at 10:00 am. Lunch will be served
at the conclusion of the meeting. If you plan to attend this meeting, please complete the attached
response form and e-mail it to Naomi Gendler Camper at naomi@ici.org or fax it to her at 202/326-
5841.
Please call Naomi Gendler Camper at 202/326-5821 or Keith Lawson at 202/326-5832 if we
can provide you with any additional information regarding the meeting or if you have suggestions for
agenda items.
Naomi Gendler Camper
Assistant Counsel
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