On March 18, 2019, the U.S. Department of the Treasury and the Internal Revenue Service issued final tax regulations for registered investment funds that are taxed as regulated investment companies (“RICs”) and that invest in...more
3/26/2019
/ Closed-End Funds ,
Commodities ,
Controlled Foreign Corporations ,
Derivatives ,
Dividends ,
Exchange-Traded Products ,
Final Rules ,
Foreign Subsidiaries ,
GILTI tax ,
Imputed Income ,
Investment Company Act of 1940 ,
Investment Funds ,
IRS ,
Mutual Funds ,
Private Letter Rulings ,
Registered Investment Companies (RICs) ,
Securities ,
Stocks ,
Subsidiaries ,
Tax Legislation
The IRS has recently issued Proposed Regulations under Section 851(b) of the Internal Revenue Code (the “Proposed Regulations”), and a Revenue Procedure that address the treatment to regulated investment companies (“RICs”)...more