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.