Tax Committee Content

1 See Institute Memorandum to Tax Committee No. 25-99 and the Task Force on Adviser/Distributor Tax Issues, dated September 8, 1999. 2 See Institute Memorandum to Tax Committee No. 26-99 and the Task Force on Adviser/Distributor Tax Issues, dated September 10, 1999. [11255] September...

[11248] September 15, 1999 TO: ACCOUNTING/TREASURERS COMMITTEE No. 29-99 BROKER/DEALER ADVISORY COMMITTEE No. 25-99 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 30-99 COMPLIANCE ADVISORY COMMITTEE No. 35-99 EQUITY MARKETS ADVISORY COMMITTEE No. 29-99 FIXED-INCOME ADVISORY COMMITTEE No...

[11238] September 10, 1999 TO: TAX COMMITTEE No. 26-99 TASK FORCE ON ADVISER/DISTRIBUTOR TAX ISSUES RE: SPONSOR TAX TREATMENT OF NEW MUTUAL FUND COSTS ______________________________________________________________________________ Attached is the first draft of a memorandum that the...

[11227] September 8, 1999 TO: TAX COMMITTEE No. 25-99 TASK FORCE ON ADVISER/DISTRIBUTOR TAX ISSUES RE: SEPTEMBER 28 MEETING ON ADVISER/DISTRIBUTOR TAX ISSUES ______________________________________________________________________________ A meeting of the Tax Committee and the Task...

[11216] September 1, 1999 TO: TAX COMMITTEE No. 24-99 RE: PRELIMINARY AGENDA FOR SEPTEMBER 15 TAX COMMITTEE MEETING IN SAN DIEGO ______________________________________________________________________________ The preliminary agenda for the Tax Committee meeting to be held on Wednesday...

1 The House version of the bill, H.R. 2488 (the “Financial Freedom Act of 1999”), was passed by the House on July 22, 1999. See Institute Memorandum to Pension Committee No. 46-99 and Pension Operations Advisory Committee No. 36-99, dated July 28, 1999, for a discussion of pension...

1 Note, however, that shareholders filing Form 4952, “Investment Interest Expense Deduction,” and electing to include certain net capital gains in “investment income” will be required to complete Schedule D. 2 See, e.g., Institute Memorandum to Accounting/Treasurers Committee No. 20...

1 Under present law, an investment company precluded from the nonrecognition of gain rules of Internal Revenue Code sections 351 and 721 is defined to include RICs, real estate investment trusts (“REITs”) and any company if more than 80 percent of its assets is attributable to “stock...

1 See, e.g., Institute Memorandum to Tax Committee No. 12-99, dated June 4, 1999. 2 The hotel is located at One Market Place, San Diego, CA, 92101 [11169] August 9, 1999 TO: TAX COMMITTEE No. 20-99 RE: SEPTEMBER 15 TAX COMMITTEE MEETING IN SAN DIEGO ___________________________________...

1 See Institute Memorandum to SEC Rules Committee No. 23-99 and Tax Committee No. 6-99 (among others), dated March 31, 1999. [11164] August 5, 1999 TO: SEC RULES COMMITTEE No. 59-99 TAX COMMITTEE No. 19-99 RE: SUBMISSIONS TO SEC STAFF ON AFTER-TAX RETURN CALCULATIONS _________________...