Tax Committee Content

    [22025]   December 11, 2007 TO: TAX COMMITTEE No. 50-07     RE: IRS ISSUES GUIDANCE ON EXCHANGE-TRADED NOTES, COMMENTS REQUESTED   The Internal Revenue Service has issued guidance (attached) regarding the tax treatment of exchange-traded notes (“ETNs”).  Specifically, the IRS...

    [22020]   December 7, 2007 TO: ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 22-07 TAX COMMITTEE No. 49-07     RE: MONTHLY TAX COMMITTEE CALL SCHEDULED FOR DECEMBER 19TH AT 2:00 P.M. (EST)   This month’s Tax Committee conference call to discuss members’ tax questions is scheduled...

    [21954]   November 15, 2007 TO: ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 20-07 TAX COMMITTEE No. 48-07     RE: CONFERENCE CALL TO DISCUSS MEMBER TAX QUESTIONS SCHEDULED FOR NOVEMBER 28TH AT 2:00 P.M. (EST)   As discussed during our last Tax Committee meeting, a conference...

    [21922]   November 5, 2007 TO: TAX COMMITTEE No. 47-07     RE: CONFERENCE CALL REGARDING COST BASIS REPORTING - WEDNESDAY, NOVEMBER 14, AT 2:00 PM ET   A call has been scheduled for Wednesday, November 14, 2007, at 2:00 p.m. ET, to discuss recent legislative developments in...

    [21880]   October 23, 2007 TO: TAX COMMITTEE No. 46-07     RE: PROPOSED REGULATIONS IMPOSE ESCROW PROCEDURE ON CERTAIN DISTRIBUTIONS IN REDEMPTION OF STOCK; COMMENTS REQUESTED   Treasury has released proposed regulations (attached) that would require withholding agents to...

    [21872]   October 23, 2007 TO: TAX COMMITTEE No. 45-07     RE: IRS REQUESTS COMMENTS REGARDING CHANGES TO THE PROCESS FOR OBTAINING CONSENT TO CHANGE A METHOD OF ACCOUNTING   The Internal Revenue Service has issued Notice 2007-88 [1] requesting comments regarding a proposal to...

    [21867]   October 22, 2007 TO: TAX COMMITTEE No. 44-07     RE: AGENDAS FOR OCTOBER 29 AND 30 TAX COMMITTEE MEETINGS   Attached are the agendas for the Tax Committee meetings to be held on Monday, October 29 at 10:30 a.m., and Tuesday, October 30 at 9:30 a.m.  The meetings will...

  URGENT/ACTION REQUESTED [21852]   October 16, 2007 TO: ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 17-07 TAX COMMITTEE No. 43-07     RE: DRAFT INSTITUTE LETTER REGARDING MICHIGAN SERVICES TAX; COMMENTS REQUESTED TODAY   Attached is the Institute’s draft letter urging repeal of the...

    [21834]   October 12, 2007 TO: TAX COMMITTEE No. 42-07     RE: FOLLOW-UP CALL REGARDING COST BASIS REPORTING - MONDAY, OCTOBER 15, AT 3:00 PM   A follow-up call has been scheduled for Monday, October 15, 2007, at 3:00 p.m. ET, to develop in more detail the industry’s cost basis...

    [21832]   October 12, 2007 TO: TAX COMMITTEE No. 41-07     RE: TAX COMMITTEE MEETING TO DISCUSS COST BASIS REPORTING - MONDAY, OCTOBER 29, 2007, AT 10:30 AM   We will hold a special meeting of the Tax Committee to discuss cost basis reporting on Monday, October 29, 2007, at 10:30...