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Weekly Updates On Internal Revenue Service Guidance

IRS proposed regulation identifies certain micro-captive transactions as listed transactions and certain other micro-captive transactions as transactions of interest. Notice 2023-34, which provides that convertible virtual currency is treated as property for federal tax

Form 485BPOS SEPARATE ACCOUNT FP

Form 485BPOS SEPARATE ACCOUNT FP
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Proposed IRS Regulations Identify Micro Captive Transactions

USDT proposed regulations identifying certain micro captive transactions as listed transactions or transactions of interest for purposes of disclosure rules for taxpayers and material advisors. Proposed regulations in response to taxpayer victory in CIC Services LLC v. IRS

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