" ... examines the tax treatment of holders of debt instruments under Code [section] 1271 et seq. It examines the original issue discount (OID) rules as well as the rules governing the tax treatment of holders of variable rate instruments, inflation-indexed instruments and short-term obligations. Also considered are the regulatory OID rules applicable to holders of contingent payment debt instruments. The tax treatment of debt instruments acquired by holders at a market premium or at a market discount is analyzed in depth. Other topics addressed include the tax treatment of distressed debt, debt modifications and coupon stripping transactions. The analysis in the Portfolio is supported by numerous computational examples illustrating the application of the Code and regulatory rules to holders of the various types of debt instruments."
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Introduction Yield on a debt instrument Tax accounting for yield/interest Variable rate debt instruments (VRDIs), inflation-indexed, and short-term debt obligations Contingent payment debt instruments Premium/discount Distressed debt Modifications Coupon strips Synthetic debt under reg. [section] 1.1275-6 Additional OID related issues Table of worksheets.
Digital File Characteristics
Available in Other Form
Print version: Maddrey, Jeff. Time value of money. Arlington, VA : Tax Management Inc., -