Tax Committee Content

1 See Memorandum to SEC Rules Committee No. 44-00 and Tax Committee No. 11-00, dated March 21, 2000. [11896] May 19, 2000 TO: SEC RULES COMMITTEE No. 77-00 TAX COMMITTEE No. 23-00 RE: JUNE 8 MEETING TO DISCUSS ICI DRAFT LETTER ON SEC AFTER-TAX RETURNS PROPOSAL ________________________...

[11891] May 18, 2000 TO: ACCOUNTING/TREASURERS COMMITTEE No. 21-00 TAX COMMITTEE No. 22-00 RE: DRAFT PAPER ON MANDATORY PREMIUM AMORTIZATION ______________________________________________________________________________ Attached is a draft copy of a paper prepared by the Accounting...

1 See Institute Memorandum to Bank and Trust Advisory Committee No. 10-00, Broker/Dealer Advisory Committee No. 6- 00, Operations Committee No. 8-00, Tax Committee No. 15-00, Transfer Agent Advisory Committee No. 19-00, dated April 5, 2000. 2 Additional materials discussing the new...

1 Lunch will be served at the conclusion of the June 13 meeting. 2 These rules will create new 8-percent and 18-percent maximum capital gains rate categories. The new 8-percent rate will apply to “qualified five year gains” realized after December 31, 2000 by taxpayers (including fund...

1 Under Treas. Reg. 1.988-2(b)(15), currency gain or loss on debt instruments (and demand deposits) issued or acquired when the denomination currency was hyperinflationary must be realized annually under a mark-to-market methodology. Similar rules apply to certain hyperinflationary...

[11821] April 17, 2000 TO: ACCOUNTING/TREASURERS COMMITTEE No. 16-00 SEC RULES COMMITTEE No. 60-00 TAX COMMITTEE No. 18-00 RE: AGENDA FOR APRIL 25TH MEETING ON SEC AFTER-TAX RETURN PROPOSAL ______________________________________________________________________________ Attached is an...

[11810] April 13, 2000 TO: ACCOUNTING/TREASURERS COMMITTEE No. 15-00 TAX COMMITTEE No. 17-00 RE: DRAFT PAPER ON ACCOUNTING AND REPORTING FOR FUND-OF-FUNDS ______________________________________________________________________________ Enclosed is a draft copy of a paper addressing...

1 See Institute Memorandum to Bank and Trust Advisory Committee No. 6-00, Broker/Dealer Advisory Committee No. 4-00, Operations Committee No. 6-00, Tax Committee No. 10-00, Transfer Agent Advisory Committee No. 13-00, dated March 16, 2000. [11789] April 5, 2000 TO: BANK AND TRUST...

1 See Institute Memorandum to Tax Committee No. 2-00 and the Task Force on Advisor/Distributor Tax Issues, dated January 11, 2000. 2 Note: the “launch cost” issue is listed together with three other capitalization projects under the general description “Guidance on deduction and...

1 See Institute Memorandum to Bank and Trust Advisory Committee No. 28-99, International Committee No. 50-99, Tax Committee No. 34-99, Transfer Agent Advisory Committee No. 75-99, and Securities Operations Subcommittee, dated November 29, 1999. [11760] March 24, 2000 TO: BANK AND...