Tax Committee Content

1 See Institute Memorandum to Bank and Trust Advisory Committee No. 9-00, International Committee No. 11-00, Tax Committee No. 13-00, Transfer Agent Advisory Committee No. 16-00 and Securities Operations Subcommittee, dated March 24, 2000. 2 See Institute Memorandum to Tax Committee...

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, and Transfer Agent Advisory Committee No. 13-00, dated March 16, 2000. [11749] March 21, 2000 TO: BANK AND TRUST...

1 SEC Release Nos. 33-7809; 34-42528; IC-24339, dated March 15, 2000. A copy of the release is available on the SEC’s website at www.sec.gov. [11743] March 21, 2000 TO: ACCOUNTING/TREASURERS COMMITTEE No. 11-00 SEC RULES COMMITTEE No. 44-00 TAX COMMITTEE No. 11-00 RE: SEC PROPOSES...

[11726] March 16, 2000 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 RE: MARK YOUR CALENDAR - MAY 11, 2000 MEETING ON NONRESIDENT ALIEN...

[11669] February 23, 2000 TO: TAX COMMITTEE No. 9-00 RE: INSTITUTE SEEKS CHANGES TO PROCEDURES FOR WITHHOLDING TAX EXEMPTION FOR JAPANESE GOVERNMENT BONDS ______________________________________________________________________________ On September 1, 1999, a tax reform law called the...

1 See Institute Memorandum to Tax Committee No. 35-98, dated November 3, 1998. 2 See Prop. Treas. Reg. 1.860H-2(c)(4). [11658] February 17, 2000 TO: TAX COMMITTEE No. 8-00 RE: PROPOSED FASIT REGULATIONS TREAT US DOLLAR-DENOMINATED MONEY MARKET FUNDS AS "CASH AND CASH EQUIVALENTS" ____...

1 Pursuant to this election, a US shareholder generally includes in income each year an amount equal to the excess, if any, of the fair market value of the shareholder’s PFIC stock as of the close of the taxable year over the shareholder’s adjusted basis in such stock. Deductions for...

1 See Institute Memorandum to Pension Members No. 77-98, dated December 21, 1998. 2 See Institute Memorandum to Pension Committee 16-99 and Pension Operations Advisory Committee No. 17-99, dated March 17, 1999. The Institute also submitted comments prior to the issuance of the...

1 See Institute Memorandum to Board of Governors No. 72-99, Federal Legislation Members No. 26-99, Primary Contacts- Member Complex No. 103-99 and Public Information Committee No. 47-99, dated November 19, 1999. [11616] February 8, 2000 TO: PENSION COMMITTEE No. 12-00 PENSION...

1 The Investment Company Institute is the national association of the American investment company industry. Its membership includes 8,018 open-end investment companies ("mutual funds"), 495 closed-end investment companies and 8 sponsors of unit investment trusts. Its mutual fund...