Finanse publiczne · 7.04.1995

Debt Instruments with Original Issue Discount; Annuity Contracts

This document contains proposed regulations relating to the [[Page 17732]] federal income tax treatment of annuity contracts not issued by insurance companies. Under the proposed regulations, certain annuity contracts are taxed as debt instruments for purposes of the original issue discount provisions of the Internal Revenue Code. The proposed regulations provide guidance to sellers and buyers of these contracts. This document also provides a notice of a public hearing on the proposed regulations.