Final regs. on contingent payment debt instruments leave questions on nonmarket-based contingencies.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1997. The length of the article is 6519 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 final IRS regulations under IRC section 1275 provide long-awaited guidance on the tax treatment of contingent payment debt instruments, but the information required under the regulation's noncontingent bond method (NBM) may be difficult to determine in some instances. The regulations divide debt instruments into two classes and impose two original issue discount methods, the NBM and the wait and see method, on them. The NBM is particularly difficult to apply when comparable yields are not readily available and the contingencies are nonmarket-based.

Citation Details
Title: Final regs. on contingent payment debt instruments leave questions on nonmarket-based contingencies.
Author: Edward A. Sair
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1997
Publisher: American Institute of CPA's
Volume: 28 Issue: n7 Page: 432(8)

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