Window of opportunity for tax-exempt repatriation of substitute payments in cross border securities lending transactions.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on June 1, 1992. The length of the article is 1000 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The lending of securities across international borders and the status of payment of interest and dividends on them is being redefined by the IRS in a series of proposed regulations. Unless otherwise established by treaty or associated with other US holdings, there is a 30% withholding tax on all payments of interest made to owners of borrowed securities. The revisions will reclassify what had been previously called 'other income', effectively removing exemptions for these payments.

Citation Details
Title: Window of opportunity for tax-exempt repatriation of substitute payments in cross border securities lending transactions.
Author: Angela Yu
Publication:The Tax Adviser (Magazine/Journal)
Date: June 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n6 Page: 345(3)

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