SIFMA provides comments to the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS) on single stock equity swaps on publicly traded equities of U.S. corporations. SIFMA requests Treasury and the IRS issue public guidance for taxpayers to follow to ensure that their equity swap transactions are subject to the default sourcing rule and not subject to recharacterization.
SIFMA, Alliance for Digital Innovation, American Bankers Association (ABA), American Public Power Association, Bank Policy Institute (BPI), Business Roundtable, Business…
Court: U.S. Supreme Court Amicus Issue: Whether Section 47(b) of the Investment Company Act of 1940 provides for a private…
SIFMA, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), and Consumer Bankers Association (CBA), provided comments…