Tag Archives: GT Alert

New Withholding Tax Rules Will Impact Funds, Banks, and Insurance Companies

Regulations released under Section 871(m) of the Internal Revenue code in September of this year go into effect on Jan. 1, 2017.  These rules will have a significant effect on offshore funds and other investors which take positions in U.S. equity derivatives, as well as on broker dealers. Under these rules, all payments on derivatives … Continue Reading