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Income tax: Amortization of bond premiums not deductible
For purposes of computing New York personal income tax, a deduction is not allowed for the amortization of bond premiums paid by a taxpayer on municipal ......(Continue Reading)Amortizable bond premium regs proposed
The treatment of bond premium by the holder of the bond is addressed in newly proposed regulations implementing Code Sec. 171, as amended by the Tax Reform ......(Continue Reading)Premium debt swaps: the best of both worlds?
In a recent transaction, a corporation offered to exchange an outstanding issue selling at a premium for a new issue of somewhat longer maturity and slightly ......(Continue Reading)Illinois: Taxability of government bond income clarified
ILLINOIS 60-Day Letter Requesting Tax Documents Explained An income tax regulation sets forth the Illinois Department of Revenue's policies and procedures ......(Continue Reading)"Efficient Gain and Loss Amortization and Optimal Funding in Pension Plans," M. Iqbal Owadally and Steven Haberman, January 2004
As evidenced by the Vancouver Symposium (SOA 2003), a globe-circling intellectual battle line has been drawn between two schools of pension actuarial thought. Bach school is working to apply the conc...(Continue Reading) |
