U.S. Treasury proposes guidance to reduce tax headaches from Libor transition
The U.S. Treasury Department
and Internal Revenue Service proposed guidance on Tuesday to
help taxpayers avoid “negative consequences” as U.S. banks
switch from the tainted London Interbank Offered Rate (Libor) to
other benchmarks.
and Internal Revenue Service proposed guidance on Tuesday to
help taxpayers avoid “negative consequences” as U.S. banks
switch from the tainted London Interbank Offered Rate (Libor) to
other benchmarks.
Posted by Reuters