Tax Treatment For Foreign Futures (Recording)

11 Jun

Jun 11, 2014 at 4:15 pm EST


Recording

Don’t assume foreign futures are like U.S. futures automatically qualifying for Section 1256 lower 60/40 tax rates.  Foreign futures must obtain CFTC, and IRS approval in a revenue ruling.

Join Robert Green CPA to discuss:

*Section 1256 offers up to 12% lower capital gains tax rates on short-term trading with its attractive 60/40 tax rates.

*Learn about the “qualified board or trade” (QBE) requirement for Section 1256.

*Review the long list of national QBEs, and the short list of foreign QBEs.

*Learn what’s required for a foreign exchange to qualify for QBE/1256 status (a CFTC no action letter and IRS revenue ruling).

*Avoid misstatements and learn how to determine if your foreign exchange and products have Section 1256 treatment.

Questions & Answers

Testimonials

Bob, Dxx and I extend our sincerest appreciation to you for the telephone appointment (45-minute consultation) today.  We know of no one else with your level of expertise on TTS and entities.  Your professional advice, accompanied by your notes, was absolutely invaluable. Thank you!

SM

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