[14010]
October 3, 2001
TO: TAX COMMITTEE No. 25-01
RE: OCTOBER 24 AND 25 TAX COMMITTEE MEETINGS IN WASHINGTON, DC
The next meetings of the Tax Committee will be held on October 24 and 25, 2001 in the
Institute’s David Silver Conference Room, on the 12th floor of our offices at 1401 H Street, NW,
Washington, DC 20005. Committee members will have the option of attending the meetings in
person or participating by telephone.
Subcommittee Meeting (October 24) and Tax Committee Meeting (October 25)
The subcommittee meeting will begin at 2:00 pm EST on Wednesday, October 24. We
plan to discuss (a) the impact that current market conditions, e.g., potential capital losses, may
have on fund distributions (as well as any related excise tax considerations) and (b) possible
Institute comments regarding IRS Notice 2001-44, relating to the taxation of notional principal
contracts (“swaps”) with contingent nonperiodic payments.1 Light refreshments (cookies and
drinks) will be available immediately prior to the October 24 meeting. The Tax Committee
meeting will be held, beginning at 10:00 am EST, on the morning of October 25. Lunch will be
available following the Tax Committee meeting.
Preliminary agendas will be distributed in advance. Please provide your suggestions for
issues to be discussed at the October 24 and 25 meetings to the undersigned (dflores@ici.org or
202/371-5436) or Keith Lawson (lawson@ici.org or 202/326-5832).
October 24 Dinner
An informal dinner for interested Tax Committee members will be held at
approximately 5:30 pm EST on Wednesday, October 24 at a close-by restaurant (to be
determined). As in the past, the cost of attending the Tax Committee dinner will be divided
among those attending.
1 See Institute Memorandum to Tax Committee No. 21-01, dated July 26, 2001.
2
Meeting Response Form
If you plan to attend either of these meetings in person or to participate by telephone,
please e-mail or fax the attached meeting response form by Friday, October 19, 2001 to Ezella
Wynn, Investment Company Institute, at ewynn@ici.org or 202/326-5841. Members who
indicate on the meeting response form that they will participate in the October 24 or 25
meetings by telephone will be provided with conference call information. Final arrangements
for the Tax Committee dinner on October 24 will be provided to those planning to attend.
Deanna J. Flores
Associate Counsel
Attachment (in .pdf format)