Internal revenue service (irs)
US authorities are set to levy a 30% tax on payments from offshore structured products tied to US stocks. One law firm calls it a “fundamental change” to the treatment of cross-border derivatives transactions...
With just a few months to go until the US tax-evasion law comes into force, banks are still uncertain on how to handle compliance
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Internal revenue service (irs) articles
Nicolas Billeaud, head of portfolio finance solutions at Light Horse Market Solutions, says single-stock futures are set to become the only tax-efficient alternative to counteract US dividend tax withholding under the Hire Act
Questions remain about why France and Germany are yet to sign their IGAs with the US
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.