Finanse publiczne · 16.09.2011

Swap Exclusion for Section 1256 Contracts

This document contains proposed regulations that describe swaps and similar agreements that fall within the meaning of section 1256(b)(2)(B) of the Internal Revenue Code (Code). This document also contains proposed regulations that revise the definition of a notional principal contract under Sec. 1.446-3 of the Income Tax Regulations. This document provides a notice of public hearing on these proposed regulations.