The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations regarding the transition from the London Interbank Offered Rate (LIBOR) and other Interbank Offered Rates (IBORs) to an alternative reference rate.
As summarized below, the IRS has posted updated versions of various tax forms and instructions (some in draft form) related to pension and retirement plan distributions.
The Department of Labor (DOL) and the Treasury Department and Internal Revenue Service (IRS) recently issued their updated Fall 2021 Semi-Annual Regulatory Agendas (Agendas), which include projected dates for issuance of proposed and final regulations.
Registration is now open for the January and February Tax Committee calls, which will be held on Tuesday, January 25, 2022, and Tuesday, February 22, 2022, at 11:00 a.m. ET. An agenda will be circulated prior to each call.
ICI Global submitted the attached letter to the Indian Government for consideration as they prepare the 2022 Union Budget. The letter describes tax issues and proposes recommendations to address the global regulated fund industry's outstanding tax issues.
The Internal Revenue Service (IRS) has issued temporary guidance regarding the treatment of certain stock distributions by publicly offered regulated investment companies (RICs) and real estate investment trusts (REITs).
