On September 11, ISDA submitted a letter in response to the US Department of the Treasury’s proposal to identify certain basket contract transactions as listed transactions. In the letter, ISDA argues that the proposed regulations would apply to many non-abusive transactions, would inappropriately take the place of substantive guidance and would generate compliance burdens and uncertainty for taxpayers.
FTSE Mondo Visione Exchanges Index:
ISDA Letter To US Treasury Department On Listed Transactions
Date 18/09/2024
