Search results
Order by most recent / most popular / relevance
Results: 1-1 of 1
New U.S. tax regulations provide “non-recognition” treatment for nonassigning counterparty on transferred or assigned derivatives
- Sidley Austin LLP
- -
- USA
- -
- July 25 2011
The U.S. Department of Treasury has issued temporary and proposed regulations (the “New Regulations”) addressing whether there is a deemed exchange (resulting in a taxable event) by the nonassigning counterparty (i.e., the remaining party) when the other counterparty assigns or transfers its interest in certain derivative contracts
