Tax Committee Content

    [20993]   March 26, 2007 TO: TAX COMMITTEE No. 10-07     RE: IRS ISSUES GUIDANCE REGARDING ACCRUAL OF LIABILITIES FOR SERVICES AND INSURANCE; CONFERENCE CALL SCHEDULED FOR APRIL 3, 2007   The IRS has released Revenue Ruling 2007-3 (2007-4 I.R.B. 350) and Revenue Procedure 2007-14...

    [20944]   March 12, 2007 TO: TAX COMMITTEE No. 9-07     RE: MTC PROPOSES UNIFORM LEGISLATION TO TAX CAPTIVE RICS; CONFERENCE CALL SCHEDULED   The Multistate Tax Commission (“MTC”) has released the attached draft proposal for uniform legislation to tax captive regulated investment...

    [20941]   March 12, 2007 TO: TAX COMMITTEE No. 7-07     RE: DRAFT SUBMISSION TO IRS REGARDING BIFURCATION, POST-OCTOBER SHORT-TERM LOSSES, AND OTHER RELATED ISSUES   Attached for your review is a draft Institute submission to the Internal Revenue Service regarding bifurcation...

    [20943]   March 12, 2007 TO: TAX COMMITTEE No. 8-07     RE: JUNE 2007 TAX COMMITTEE MEETINGS IN SEATTLE   The next regularly-scheduled meetings of the Tax Committee will be held on June 21 and June 22, 2007 in Seattle, Washington at the Grand Hyatt Seattle.  The Thursday, June 21...

    [20910]   March 2, 2007 TO: ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 3-07 TAX COMMITTEE No. 5-07     RE: CALIFORNIA REVISES MUTUAL FUND SERVICE PROVIDER APPORTIONMENT REGULATIONS; COMMENTS REQUESTED   The California Franchise Tax Board (“FTB”) has released an explanation and...

    [20916]   March 2, 2007 TO: ACCOUNTING/TREASURERS COMMITTEE No. 5-07 ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 4-07 TAX COMMITTEE No. 6-07     RE: PROPOSED FASB STAFF POSITION ON MEANING OF SETTLEMENT IN FIN 48   The Financial Accounting Standards Board recently issued a...

    [20904]   February 28, 2007 TO: ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 2-07 TAX COMMITTEE No. 4-07     RE: FUND DISTRIBUTION SURVEY     Please send your completed survey to Ezella Wynn at 202-326-5841 (fax) or ewynn@ici.org (e-mail) by Friday, March 30, 2007.    Please...

    [20806]   January 25, 2007 TO: TAX COMMITTEE No. 3-07     RE: AGENDAS FOR FEBRUARY 1 AND 2 TAX COMMITTEE MEETINGS   Attached are the agendas for the Tax Committee meetings to be held on Thursday, February 1 at 2:00 p.m., and Friday, February 2 at 9:30 a.m.  The meetings will take...

    [20773]   January 10, 2007 TO: TAX COMMITTEE No. 2-07 TRANSFER AGENT ADVISORY COMMITTEE No. 3-07     RE: DRAFT ICI COMMENT LETTER REQUESTING FORM 1099-DIV REPORTING OF EXEMPT-INTEREST DIVIDENDS AFTER 2006; CONFERENCE CALL SCHEDULED   A conference call has been scheduled for...

    [20766]   January 9, 2007 TO: TAX COMMITTEE No. 1-07     RE: FEBRUARY 1 AND 2 TAX COMMITTEE MEETINGS IN WASHINGTON, DC   The next meetings of the Tax Committee will be held on Thursday, February 1, beginning at 2:00 p.m., and Friday, February 2, beginning at 9:30 a.m., in the...