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The final disclosure and list maintenance tax shelter regulations

Article Abstract:

The IRS has issued final regulations relating to the requirement that some taxpayers disclose tax shelters in which they are engaged. The regulations also require financial services to keep lists of customers who are engaged in potentially abusive tax shelters. The final regulations clarify the scope of the requirements and the definitions of abusive tax shelters.

Author: Doering, James A.
Publisher: CCH, Inc.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2003
Financial Services, Finance and Insurance, Financial services industry, Disclosure (Taxation), Disclosure of information

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The new tax shelter disclosure and investor list regulation

Article Abstract:

To regulate abusive tax avoidance transactions, Treasury and Internal Revenue Service (IRS) is revising the categories of transactions that disclosed under Temp.Reg. 1.6011 -4T. Six categories of transactions to maintain investor lists are presented.

Author: Burke, Colman J.
Publisher: Warren, Gorham & Lamont, Inc.
Publication Name: Business Entities
Subject: Business
ISSN: 1524-3583
Year: 2003
United States, Powers and duties, United States. Internal Revenue Service

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Subjects list: Laws, regulations and rules, Government regulation, Tax shelters
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