Tax Committee Content

[32709] August 26, 2020 TO: ICI Global Tax Committee Tax Committee RE: Registration for Member Call to Discuss French Article 63 Claims ICI and ICI Global will hold a members-only conference call on Tuesday, September 2nd at 11:00 am (Washington DC time) to discuss the recent...

[32702] August 24, 2020 TO: ICI Global Tax Committee Tax Committee RE: France Issues Guidance on Article 63 Claims The French tax administration has conceded claims made by US regulated investment companies (RICs) to recover taxes withheld in violation of the free movement of capital...

[32693] August 21, 2020 TO: ICI Members Accounting/Treasurers Committee Bank, Trust and Retirement Advisory Committee Bank-Affiliated Member Advisory Committee Closed-End Investment Company Committee Operations Committee Tax Committee Transfer Agent Advisory Committee SUBJECTS: Fund...

[32695] August 21, 2020 TO: ICI Members ICI Global Members ICI Global Tax Committee Tax Committee SUBJECTS: International/Global Tax RE: Coalition Letter Supporting United Nations Model Tax Convention Draft Commentary on CIV Treaty Eligibility Ten collective investment vehicle (CIV)...

[32692] August 20, 2020 TO: Tax Committee RE: Survey Regarding Tax Reclaims Based Upon Article 63 of EU Treaty ("EU Reclaims") For many years, the ICI has supported members’ claims to recover taxes withheld by certain European countries based upon the free movement of capital article...

[32691] August 20, 2020 TO: Tax Committee RE: For Your Review: ICI Opposition Letter to NJ FTT Proposal The attached draft letter opposes a New Jersey proposal (also attached) to impose a tax of a quarter of a cent ($.0025) per transaction on high-volume processors of financial...

[32669] August 11, 2020 TO: ICI Members Tax Committee SUBJECTS: Fund Accounting & Financial Reporting State Issues Tax RE: ICI Opposition Letter - NY Stock Transfer Tax Proposal The ICI submitted the attached letter opposing a proposal (also attached) to reduce the NY stocker transfer...

[32662] August 6, 2020 TO: ICI Global Tax Committee Management Company Tax Subcommittee Tax Committee RE: Registration and Agenda for August 18 Tax Committee Call Attached is the agenda for the upcoming Tax Committee call, scheduled for August 18, 2020, at 11:00 a.m. ET. Please...

[32661] August 6, 2020 TO: ICI Members Tax Committee SUBJECTS: Tax RE: Proposed Regulations Permitting RICs to Pay Section 163(j) Interest Dividends The Treasury Department and the Internal Revenue Service (IRS) have released proposed regulations that would permit regulated investment...

[32657] August 5, 2020 TO: ICI Members Tax Committee SUBJECTS: Tax RE: IRS Issues Final Regulations on Section 163(j) Limitation on Interest Expense Deduction The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations regarding the limitation on the...