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Finanse publiczne · 18/02/2016

Final Regulations Released for Reporting of Original Issue Discount on Tax-Exempt Obligations and Transfer Reporting for Debt Instruments and Options

The IRS has issued final regulations requiring securities brokers to report original issue discount (OID) on tax-exempt obligations, adjusted basis for debt instruments, and transfer reporting for section 1256 options and debt instruments, providing guidance for brokers, payors, and their customers.

Source: Federal Register — Department of the TreasuryOpen original release →