VIA FAX & MAIL
April 11, 1994
TO: ACCOUNTING/TREASURERS COMMITTEE NO. 15-94
TAX COMMITTEE NO. 15-94
RE: APRIL 22 MEETING TO DISCUSS COORDINATED ISSUE PAPER ON FUND
START-UP EXPENSES
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As we previously informed you, the IRS National Office has
approved as a coordinated issue the capitalization of investment
advisor costs to obtain management contracts. (See Institute
Memorandum to Accounting/Treasurers Members No. 10-94, Members-
One Per Complex No. 22-94 and Tax Members No. 11-94, dated March
30, 1994.)
The Institute has scheduled a meeting to discuss the
coordinated issue paper as well as the tax treatment of other
expenses incurred by an investment advisor in connection with a
fund's formation. The meeting will be held on Friday, April 22,
1994 at the Institute's offices at 1401 H Street, N.W.,
Washington, DC, beginning at 10:00 a.m.. Lunch will be served
following the meeting.
Please call the undersigned if you need any additional
information about the meeting. Please indicate on the attached
form if you plan to attend.
Peter Cinquegrani
Assistant Counsel - Tax
Attachment
Please fax this portion to Barbara Johnson, Investment
Company Institute, 202-326-5841.
TAX TREATMENT OF FUND START-UP EXPENSES
10:00 a.m., Friday, April 22, 1994
Investment Company Institute
I (We) plan to attend the Meeting
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ATTENDEES(S)
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COMPANY NAME