transcript   Transcript

Financial Products Issues Under the Final Section 987 Regulations

Recorded on: Jan. 17, 2018
Running Time: 01:04:27

Full Transcript:

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Taken from the Web Program Taxation of Financial Products and Transactions 2018 Recorded January 2018 in New York

Financial Products Issues Under the Final Section 987 Regulations [01:04:27]

  • Categories of foreign currency denominated items in a Section 987 qualified business unit (QBU)
  • Mark-to-market election for “short-term Section 988 transactions”
  • Treatment of Section 987 QBU hedging transactions involving 1256 contracts and non-1256 contracts
  • Complexity involving the interaction of Section 987 and treasury centers that are Section 475 dealers

 Jeffrey L. Dorfman, I. Lee Holt, Michael Mou, Raymond J. Stahl

The purchase price of this Web Program segment includes the following article from the Course Handbook available online:

  • New Currency Regulations Present Substantial Challenges to Taxpayers Conducting Treasury and Risk Management Operations through QBUs
    Michael Mou, G. Garner Prillaman
Presentation Material
  • Financial Products Issues under the Final Section 987 Regulations
    Jeffrey L. Dorfman, I. Lee Holt, Michael Mou
    Michael Mou ~ Deloitte Tax LLP
    Raymond J. Stahl ~ Special Counsel; Office of the Associate Chief Counsel (International), Internal Revenue Service
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