[15261]
October 11, 2002
TO: TAX COMMITTEE No. 33-02
RE: MATERIALS FOR OCTOBER 15, 2002 TAX SUBCOMMITTEE MEETING
As previously announced,1 the next meetings of the Tax Committee will be held on
Tuesday, October 15 at 2:00 pm (EST) (preceded by cookies and sodas) and Wednesday,
October 16 at 10:00 am (EST) (followed by lunch) in the David Silver Conference Room located
on the 12th floor of the Institute’s offices at 1401 H Street, NW, Washington, DC 20005.
The subcommittee meeting on October 15 will involve a consideration of various State
tax issues, including a detailed update on recent developments in New Jersey and
Pennsylvania, and a discussion of the Institute’s comments on proposed PFIC mark-to-market
regulations.2 Attached for your review in advance of the subcommittee meeting are:
(1) a paper by the Center for Budget and Policy Priorities regarding potential
methodologies for increasing State tax revenues;
(2) a draft paper regarding the impact of changes in Pennsylvania law on regulated
investment companies;
(3) a discussion outline regarding the New Jersey Alternative Minimum Tax; and
(4) a draft of potential comments to be submitted by the Institute on proposed PFIC
mark-to-market regulations.
Deborah A. Pege
Tax Committee Chair
Attachment no. 1 (in .pdf format)
1 See Institute Memorandum to Tax Committee No. 29-02, dated September 20, 2002.
2 See Institute Memorandum to Tax Committee No. 31-02, dated October 9, 2002 .