* See, e.g., Institute Memoranda to Tax Committee No. 37-95 and Accounting/Treasurers Committee
No. 54-95, dated December 13, 1995; to Tax Committee No. 33-95 and Accounting/Treasurers Committee
No. 45-95, dated November 2, 1995; and to Tax Committee No. 23-95 and Accounting/Treasurers
Committee No. 22-95, dated June 16, 1995.
January 17, 1996
VIA FAX
TO: TAX COMMITTEE No. 2-96
ACCOUNTING/TREASURERS COMMITTEE No. 4-96
RE: FEBRUARY 5 MEETING ON PREFERENTIAL DIVIDEND ISSUES
AND TAX COMMITTEE DINNER
______________________________________________________________________________
February 5 Meeting on Preferential Dividend Issues
As you know, the Institute has made a number of submissions to the Internal Revenue
Service ("IRS") and held several meetings with them regarding preferential dividend issues in
the multiple-class and fund-of-funds contexts.* On February 5, 1996, the day before the next
Tax Committee meeting, a special meeting of the Tax and Accounting/Treasurers Committees
will be held to review our discussions with IRS and to consider recent factual developments
and priorities in these areas. The meeting will begin at 2:00 p.m. in the David Silver Conference
Room on the 12th Floor of our offices at 1401 H Street, N.W., Washington, D.C. Lunch will be
available before the meeting, beginning at 1:00.
February 5 Tax Committee Dinner
At the last Tax Committee meeting, it was agreed that special meetings of the
Committee (such as the February 5 meeting on preferential dividend issues) would be
scheduled routinely for the afternoon before each Tax Committee meeting. As these "special
meetings" will encourage more Committee members to arrive in Washington the day before
Tax Committee meetings, we will host Tax Committee dinners at nearby Washington
restaurants the evening before each Committee meeting.
The first Tax Committee dinner is scheduled for Monday, February 5, 1996, at 6:30, in a
private room at Taberna Del Albardero, 1776 I Street, N.W. The cost of the dinner will be
divided among those attending.
Fax Response Form
Anyone planning to attend either the Preferential Dividend Issues meeting or the Tax
Committee dinner, or both, should complete the attached fax response sheet and return it to
Lisa Rand, at 202-326-5841, no later than Thursday, February 1.
* * * * *
We look forward to seeing you in February.
Catherine L. Heron
Vice President and Senior Counsel
Attachment
ATTENDANCE RESPONSE FORM
Investment Company Institute Meeting on Preferential Dividend Issues
Investment Company Institute Tax Committee Dinner
Monday, February 5, 1996
Please fax this portion by Thursday, February 1, 1996 to Lisa Rand
Investment Company Institute, 202-326-5841.
YES NO
___ ____ PRE-MEETING LUNCH - 1:00 pm
___ ____ MEETING ON PREFERENTIAL DIVIDEND ISSUES - 2:00 pm
____ ____ TAX COMMITTEE DINNER - 6:30 pm
Taberna Del Albardero, 1776 I Street, N.W.
_____________________________________ or _______________________________
COMMITTEE MEMBER’S NAME ALTERNATE’S NAME
______________________________________
COMPANY NAME
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