Letters

SIA Submits Comments to the US Department of Treasury and the IRS on Proposals Relating to Global Dealings Operations

Summary

The Federal Taxation Committee of the Securities Industry Association (SIA)* provides comments to the U.S. Department of Treasury and the Internal Revenue Service (IRS) on a proposal addressing the allocation and sourcing of income and deductions among taxpayers engaged in a global dealing operation.  SIA offers its observations and recommendations regarding the proposal.
 

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

PDF