Are VPFCS, collars, and DECS still viable hedging and monetization strategies?

Article Abstract:

The tax consequences of variable prepaid forward contracts, debts exchangeable for securities, and collars are examined. The question of whether these transactions result in the constructive sale of stock for tax purposes is assessed. The Tax Court case of Stevenson, an IRS Field Service Advice and an IRS Revenue Ruling relating to these issues are reviewed.

Author: Bernstein, Robert S.
Tax Law, Public Finance Activities, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Securities & Commodities Regulatn, Hedging (Finance), Securities law, Stock transfer

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The changing landscape for tax and other services

Article Abstract:

The Securities and Exchange Commission has issued regulations designed to implement the requirements of the Sarbanes-Oxley Act of 2002 relating to auditor independence. The provisions relating to the consequences of failing to comply with the regulations are reviewed. The effect of pesonnel changes at the SEC on the regulations is assessed.

Author: Ashraf, Saba, Allen, Pinney L.
Conflict of Interest, Accountants, Conflict of interests (Agency), Auditors, Conflicts of interest, Disclosure laws

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


DOL issues final regulations on "blackout periods"

Article Abstract:

The Department of Labor's new Final Regulations on blackout periods have been issued. The regulations require pension plan adminsitrators to give notice to investors when they will be instituting a period during which investors may not change their investments in the plan. The notice must be given at least 30 days in advance.

Author: Strimaitis, Andrew K.
Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Investors, Notice (Law)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Interpretation and construction, Laws, regulations and rules, Government regulation
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.