See Credit Details Below
Overview
Why You Should Attend
There continues to be a great deal of uncertainty in the taxation of financial products and transactions. As the cryptocurrency markets recover from recent market shocks, they continue to raise interesting and difficult tax questions. The Supreme Court decision in the Loper Bright case may raise questions about the validity of some Treasury regulations in the financial products arena, while the IRS Associate Chief Counsel (International) has a number of interesting projects on its business plan. Proposed regulations requiring certain basket derivative transactions to be listed have focused renewed attention on the modification of derivatives over baskets. Finally, the YA Global case has altered the way practitioners think about transaction fees. This year’s program will explore the impact of these developments on the taxation of financial products and transactions and provide practical advice on managing tax risk.
What You Will Learn
After completing this program, participants will be able to:
- Evaluate tools for managing tax risk
- Identify issues in the taxation of basket derivatives
- Analyze the latest transactions involving cryptocurrency
- Gain a deeper understanding of the tax principles governing the taxation of fee income
Who Should Attend
Attorneys at law and accounting firms who advise clients on financial transactions and products; in-house tax professionals who help structure transactions and make ASC 740 determinations; hedge fund traders and portfolio managers who want a better understanding of the tax rules governing financial products and transactions; accountants who work in the area of financial products; people who advise hedge fund managers, banks, and insurance companies; and government attorneys who want to stay on top of what’s happening in the capital markets will all benefit from attending this program.
Program Level – Overview
Intended Audience - Attorneys at law and accounting firms who advise clients on financial transactions and products; in-house tax professionals who help structure transactions and make ASC 740 determinations; hedge fund traders who want a better understanding of the tax rules governing financial products and transactions; accountants who work in the area of financial products; people who advise hedge fund managers, banks, and insurance companies; and government attorneys.
Prerequisites – Familiarity with the U.S. tax rules affecting financial products and transactions.
Advanced Preparation – None