From emerging valuation concerns to the latest tax developments, this program will deliver practical insights that matter to professionals navigating today’s complex alternative investment landscape. Designed with hedge fund managers, CFOs, and tax professionals in mind, this sessiMany total return equity swaps provide an investor with the returnon multiple equities. These basket swaps raise two types ofissues. First, how should taxpayers account for changes in thecomposition of the basket, taking into account both the realizationrules and the wash sale rules? Second, what are the rulesgoverning the use of so-called “70/30 baskets” under theDRD/QDI holding period rules, the straddle rules, the constructivesale rules, and the wash sale rules?on dives deep into real-world challenges and regulatory shifts shaping the market. Date or recording: 9/1/2022
Learning Objectives
- Upon completion of this course, you'll be able to:
- Examine how changes in the composition of basket swaps impact tax treatment under realization and wash sale rules.
- Analyze the implications of using “70/30 baskets” in the context of Dividends Received Deduction (DRD), Qualified Dividend Income (QDI), and applicable holding period rules.
- Evaluate the application of straddle, constructive sale, and wash sale rules to multi-equity total return swaps and understand their effect on tax reporting.
Major Topics
- How changes in the composition of basket swaps impact tax treatment under realization and wash sale rules.
- Implications of using “70/30 baskets” in the context of Dividends Received Deduction (DRD), Qualified Dividend Income (QDI), and applicable holding period rules.
- Application of straddle, constructive sale, and wash sale rules to multi-equity total return swaps and understand their effect on tax reporting.
