Tax Committee Content

1[11147] July 30, 1999 TO: ACCOUNTING/TREASURERS COMMITTEE No. 24-99 BROKER/DEALER ADVISORY COMMITTEE No. 20-99 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 23-99 COMPLIANCE ADVISORY COMMITTEE No. 31-99 EQUITY MARKETS ADVISORY COMMITTEE No. 27-99 FIXED-INCOME ADVISORY COMMITTEE No. 4...

1 “Category one” companies are identified in their offering documents, annual reports, or other company-generated, publicly-available documents as being (or as likely being) PFICs. 2 “Category two” companies are companies (other than category one companies) that one or more Institute...

1 See Institute Memorandum to International Members No. 19-99 and Tax Members No. 19-99, dated July 8, 1999. [11103] July 8, 1999 TO: INTERNATIONAL COMMITTEE No. 29-99 TAX COMMITTEE No. 16-99 RE: INSTITUTE STATEMENT ON THE IMPACT OF US TAX RULES ON INTERNATIONAL COMPETITIVENESS ______...

[11093] July 1, 1999 TO: ACCOUNTING/TREASURERS COMMITTEE No. 21-99 BROKER/DEALER ADVISORY COMMITTEE No. 17-99 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 22-99 COMPLIANCE ADVISORY COMMITTEE No. 27-99 EQUITY MARKETS ADVISORY COMMITTEE No. 25-99 FIXED-INCOME ADVISORY COMMITTEE No. 2-99...

1 See, e.g., Institute Memorandum to (among others) Tax Members No. 27-97, Accounting/Treasurers Members No. 31-97, Operations Members No. 13-97 and Transfer Agent Advisory Committee No. 36-97, dated August 1, 1997. 2 See, e.g., Institute Memorandum to (among others) Tax Members No...

1 See, e.g., Institute Memorandum to International Members No. 16-98 and Tax Members No. 22-98, dated July 15, 1998. [11056] June 17, 1999 TO: TAX COMMITTEE No. 13-99 RE: AUSTRALIA SECURITIES & INVESTMENTS COMMISSION SEEKS COMMENT ON POLICIES TO FACILITATE US MUTUAL FUND SALES IN...

[11040] June 4, 1999 TO: TAX COMMITTEE No. 12-99 OTHERS ATTENDING JUNE 9 MEETING ON AFTER-TAX RETURNS RE: AGENDAS FOR JUNE 9 AND 10 MEETINGS IN CHICAGO ______________________________________________________________________________ Agendas for the June 9 meeting on “Calculating After...

1 This year-end information often is referred to as “reclassified” tax information because of the practice at many brokerage firms and banks to treat distributions from RICs and REITs as ordinary income until advised to “reclassify” the income, such as to long-term capital gain. 2...

1 See Institute Memorandum to Tax Members No. 13-99, Unit Investment Trust Committee No. 5-99 and Closed-End Investment Company Committee No. 10-99, dated March 3, 1999. [10989] May 18, 1999 TO: TAX COMMITTEE No. 10-99 UNIT INVESTMENT TRUST COMMITTEE No. 12-99 CLOSED-END INVESTMENT...

1 See, e.g., Institute Memorandum to Tax Committee No. 3-99, Operations Committee No. 4-99, Transfer Agent Advisory Committee No. 12-99 and Bank and Trust Advisory Committee No. 3-99, dated February 3, 1999. 2 See, e.g., Institute Memorandum to Operations Members No. 35-98, Tax...