Letters

Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options

Summary

SIFMA provided additional comments to the Internal Revenue Service (IRS) regarding the final regulations that require brokers to include the customer’s adjusted basis when reporting on the sale of covered securities (the 2013 final regulations).

Related Material 

SIFMA Submits Comments to the IRS on Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options (August 27, 2012)

 

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