SIA Submits Comments to the IRS on Disclosure and Listing of Tax Shelter Transactions
The Committee on the Federal Taxation of the Securities Industry of theSecurities Industry Association (SIA)* provides comments to the Internal Revenue Service (IRS) on new temporary and proposed regulations relating to disclosure and listing of tax shelter transactions, REG-103735-00, REG-154117-02, REG-154116-02, REG-1541115-02, REG-154429-02, REG-154423-02, REG-154426-02, REG-110311-98, REG-103736-00. SIA focuses its remarks primarily on those aspects of the regulations that affect SIA members in their capacity as financial intermediaries and financial advisors.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.