Modernization of Derivatives Tax Act: Proposals Affecting Derivatives, Hedging and Risk Management Transactions
Hosted by McDermott Will & Emery
Location, or Event type: Online
Modernization of Derivatives Tax Act: Proposals Affecting Derivatives, Hedging and Risk Management Transactions
Webinar, Hosted By McDermott Will & Emery
Wednesday, July 27, 2016 - 6:00 AM
We are pleased to invite you to a complimentary webcast focused on the implications of the derivative reform proposals included as part of the discussion draft of The Modernization of Derivatives Tax Act (MODA).
Topics Will Include:
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Consequences of proposed mark-to-market accounting, including valuation considerations
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Tax character implications, including the repeal of the 60/40 rules for Section 1256 contracts
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The proposed definition of a derivative and the treatment of certain “embedded derivatives”
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Mark-to-market exceptions, including qualifying business hedging transactions (IHU)
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The proposed investment hedging unit rules that would force taxpayers engaging in certain risk management transactions for investment assets to adopt mark-to-market accounting and ordinary tax character for certain offsetting non-derivative positions