Tax Committee Content

[16364] July 29, 2003 TO: INTERNATIONAL COMMITTEE No. 49-03 TAX COMMITTEE No. 45-03 RE: AUGUST 19TH CONFERENCE CALL TO DISCUSS INCOME TAX APPELLATE TRIBUNAL DECISION ON INDIA NETTING ISSUE The Mumbai Income Tax Appellate Tribunal (ITAT) has issued a decision regarding netting of long...

[16358] July 28, 2003 TO: TAX COMMITTEE No. 44-03 RE: MEMORANDUM ON KEY REGULATORY AND TAX ISSUES FACING US ASSET MANAGERS IN AUSTRALIA To assist US trade negotiators in addressing issues in a free trade agreement with Australia, the Institute requested a memorandum (a copy of which...

[16353] July 25, 2003 TO: 529 PLAN ADVISORY COMMITTEE No. 41-03 ACCOUNTING/TREASURERS COMMITTEE No. 28-03 ADVISER DISTRIBUTOR TAX ISSUES TASK FORCE No. 10-03 TAX COMMITTEE No. 43-03 RE: DRAFT COMMENT LETTER ON TAX SHELTER DISCLOSURE OBLIGATIONS FOR YOUR REVIEW The Treasury Department...

[16349] July 24, 2003 TO: TAX COMMITTEE No. 42-03 RE: JULY 28TH CONFERENCE CALL TO DISCUSS JGTRRA A conference call of the ICI’s Tax Committee will be held Monday, July 28th at 2:00 pm (EST) to discuss the Jobs and Growth Tax Relief Reconciliation Act of 2003. Most specifically, we...

[16339] July 23, 2003 TO: TAX COMMITTEE No. 41-03 RE: MARK YOUR CALENDARS -- OCTOBER 29 AND 30 TAX COMMITTEE MEETINGS IN WASHINGTON, DC The next regularly scheduled meetings of the Tax Committee will be held in Washington, DC on October 29 and 30, in the David Silver Conference Room...

[16320] July 18, 2003 TO: TAX COMMITTEE No. 40-03 RE: DRAFT SUBMISSION TO TREASURY ON DIVIDENDS FROM QUALIFIED FOREIGN CORPORATIONS Attached is a draft submission we plan to send to Barbara Angus, International Tax Counsel, U.S. Treasury, on guidance the industry needs to implement...

[16298] July 16, 2003 TO: TAX COMMITTEE No. 39-03 RE: JULY 21ST CONFERENCE CALL TO DISCUSS JGTRRA A conference call of the ICI’s Tax Committee will be held Monday, July 21st at 2:00 pm (EST) to discuss outstanding issues regarding the Jobs and Growth Tax Relief Reconciliation Act of...

[16284] July 10, 2003 TO: TAX COMMITTEE No. 38-03 MONEY MARKET FUNDS ADVISORY COMMITTEE No. 10-03 RE: SELL-SIDE PROPOSED REVENUE PROCEDURE FOR TAX-EXEMPT BOND PARTNERSHIPS As we previously informed you,1 David Nirenberg, an attorney representing the sell- side has drafted a Revenue...

[16262] July 2, 2003 TO: TAX COMMITTEE No. 37-03 MONEY MARKET FUNDS ADVISORY COMMITTEE No. 9-03 RE: SELL-SIDE DRAFT REVENUE PROCEDURE FOR TAX-EXEMPT BOND As we previously informed you, 1 the Internal Revenue Service (the “Service”) has issued guidance, Revenue Procedure 2002-68, that...

[16231] June 25, 2003 TO: TAX COMMITTEE No. 36-03 RE: ALABAMA TAX UPDATE As was discussed at the recent Tax Committee meeting, the Governor of Alabama recently proposed a tax on intangible assets. Although the Legislature adopted most of the Governor’s tax proposals, the intangibles...