This session aims to provide an understanding and updates on the listed status of basket contract transactions .
Learning Objectives
- Upon completion of this course, you'll be able to:
- Understand the background and mechanics of basket contract transactions
- Examine the key concerns outlined in Notice 2015-74 and the IRS's stance on the use of basket contracts.
- Analyze the 2024 proposed regulations to identify potential compliance requirements and their impact on taxpayers.
Major Topics
- Basket contract transactions background
- Notice 2015-74/IRS concerns
- 2024 Proposed Regulations