©2006 Investment Company Institute. All rights reserved. Information may be abridged and therefore incomplete.
Communications from the Institute do not constitute, and should not be considered a substitute for, legal advice.
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August 31, 2006
TO: ACCOUNTING/TREASURERS COMMITTEE No. 12-06
BANK, TRUST AND RECORDKEEPING ADVISORY COMMITTEE No. 26-06
BROKER/DEALER ADVISORY COMMITTEE No. 34-06
CLOSED-END INVESTMENT COMPANY COMMITTEE No. 25-06
OPERATIONS COMMITTEE No. 22-06
TAX COMMITTEE No. 30-06
TRANSFER AGENT ADVISORY COMMITTEE No. 59-06
RE: 2006 FOREIGN (NRA) REPORTING LAYOUT
Foreign (NRA) Layout and Instructions
Attached is the NRA Layout and accompanying instructions, which are available for regulated
investment companies (“RICs”) to utilize in reporting 2006 year-end tax information to brokers and
banks. The 2006 NRA Layout, which is new for this year, is an excel spreadsheet that should be used in
connection with reporting information on IRS Form 1042-S. The NRA Layout and instructions are
available on the Institute’s members only website at http://members.ici.org/yearendtax.do.1
Requested Reporting Date
The brokerage community has requested that funds provide year-end tax information on the
NRA Layout no later than February 14, 2007. Any fund complex that requires additional time to
prepare the data may choose to communicate with the brokers and banks that sell their funds to arrange
an alternate date.
* * *
1 Hard copies of the documents and spreadsheets are available to the Institute’s members upon request to the Institute’s
Ezella Wynn (ewynn@ici.org or 202/218-3560).
2
The rules governing the proper tax characterization of distributions by mutual funds can be
complex. Each fund should consult its own tax advisor regarding the proper tax characterization and
reporting of the fund’s distributions.
Lisa Robinson
Associate Counsel
Attachment (in .pdf format)