Basket contract transactions would be listed ...

Basket contract transactions would be listed ... - Tax News Update

The proposed regulations would consider a transaction to be a listed transaction if it were the same as, or substantially similar to, a transaction that ...

Identification of Basket Contract Transactions as Listed Transactions

This document contains proposed regulations that would identify transactions that are the same as, or substantially similar to, certain basket contract ...

Proposed regulations to treat basket transactions as listed ... - RSM US

Typically, a basket contract transaction involves the use of derivative contracts or options to defer income or convert short-term capital gains ...

Certain Basket Contract Transactions to be classified as Listed

The Treasury Department and the Internal Revenue Service (IRS) issued proposed regulations that would classify certain basket contract transactions as listed ...

IRS Proposes to Classify Basket Contracts as a Tax Avoidance ...

A basket contract transaction is a structured financial transaction, generally involving an option, notional principal contract, forward ...

Basket Contract Listed Transactions - JD Supra

On July 12, 2024, Treasury and the IRS published proposed regulations (the “Proposed Regulations”) that would identify certain basket ...

Proposed Regulations Issued on Reporting Obligations for Basket ...

... to classify all such “basket contracts” as listed transactions. In particular, the proposed regulations list the various attributes that ...

Proposed regulations: Certain basket contract transactions identified ...

... to file disclosures for transactions that were not intended to be treated as listed transactions or transactions of interest. Responding to ...

Proposed rules identify basket contracts as listed transactions

Taxpayers that have participated in a reportable transaction and are required to file a tax return must file a disclosure statement within the ...

Proposed Regulations Would Classify Basket Contract Transactions ...

Listed transactions are treated as “reportable transactions,” and taxpayers must use IRS Form 8886, Reportable Transaction Disclosure Statement, ...

Federal Register :: Identification of Basket Contract Transactions as ...

... the same as, or substantially similar to, certain basket contract transactions as listed transactions, a type of reportable transaction.

IRS Clarifies Transactions that are Basket Options (Listed ...

77, but continues to treat certain basket contracts as transactions of interest that must be disclosed by participants and material advisors. Each notice ...

SIFMA Asks IRS to Get Specific in Proposed Basket Contract ...

As we discuss below, the listed transaction regime envisioned by the proposed regulations is overly broad in several respects. The overbreadth ...

Proposed regulations add certain basket contracts to list of listed ...

Given the expansion of what constitutes a listed transaction, taxpayers should be wary of entering transactions similar to basket contracts ...

Basket Contracts as Listed Transactions and Transactions of Interest

In a basket contract, a taxpayer enters into an agreement with a counterparty, typically a bank, by which the taxpayer receives a return based ...

IRS Clarifies Guidance on Basket Option Contracts - Tax Notes

... may cause taxpayers to file disclosures for transactions that are not intended to be treated as listed transactions at this time. This notice revokes Notice ...

IRS Proposes Regulations Regarding Tax Treatment of Certain ...

... to treat certain basket contracts as listed transactions. Basket contracts were previously identified as transactions of interest in IRS ...

ISDA Letter to US Treasury Department on Listed Transactions

ISDA submitted a letter in response to the US Department of the Treasury's proposal to identify certain basket contract transactions as listed transactions.

89 FR 57111 - Identification of Basket Contract Transactions as ...

Material advisors and certain participants in these listed transactions would be required to file disclosures with the IRS and would be subject ...

Basket Transactions Notices 2015-73 and 2015-74 - IRS

... contract denominated as an option referencing actively traded personal property as a listed transaction. ... The basket contract also may ...