Tax Committee Content

Attached is a draft coalition letter crafted by ICI addressing concerns with Australia's public country-by-country reporting proposal. ICI is coordinating with other industry associations to potentially join the letter. The proposal as currently drafted would require multinational...

At the March 9th Tax Committee meeting, members and ICI staff discussed the SEC's proposed changes to the Names Rule and tax concerns with the proposal's approach to tax-exempt fund. The proposed rule would impose an 80% investment policy requirement on names that include terms...

ICI will hold a tax committee call on Monday, May 15th at 2:00 p.m. (ET) to discuss Australia's public country-by-country reporting proposal. The proposal would require multinational entities to prepare for public release certain tax information on a country‑by‑country basis and a...

The June ICI Tax Committee Meeting will take place this year on Tuesday and Wednesday, June 20 and 21 at Northern Trust's office located at 50 South La Salle Street, Chicago, IL 60603. Further information and registration links are provided below.

ICI requests member input as we consider improvements to the ICI Year-End Spreadsheet Layouts. Specifically, we are seeking feedback on what factors may cause a fund to require an extension to provide tax reporting information past the relevant ICI target data delivery date ("ICI...

ICI has been engaged with US Treasury and Internal Revenue Service (IRS) officials regarding significant difficulties experienced by collective investment trusts (CITs) in receiving treaty benefits. The attached letter, memorandum, and addendums follow up on a recent meeting between...

​​​​​​​The May Tax Committee call will be held on Wednesday, May 24, 2023, at 11:00 a.m. ET. Please register for the call at May Tax Committee and the agenda will be available prior to the meeting. Once you have registered online, you will receive the Zoom login/dial-in information...

The next monthly Tax Committee call will be held on Wednesday, April 26, 2023, at 11:00 a.m. ET. The agenda is attached.