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Tax Analysts Conference: Marking Derivatives to Market for Tax Purposes

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FALLS CHURCH, Va., April 16, 2014 (GLOBE NEWSWIRE) --

WHAT: Tax Analysts, the nonprofit provider of federal, state, and international tax news and analysis, will host a conference to discuss marking securities to market and House Ways and Means Committee Chair Dave Camp's recent comprehensive tax reform discussion draft. Camp recently proposed requiring all derivatives to be marked to market unless they are part of hedges. Marking derivatives to market is a source of controversy, but it has been under consideration by Treasury for a while. Supporters believe it is necessary to clearly reflect income and to prevent taxpayers from exploiting different treatment of economically similar products. Critics argue that marking would complicate tax accounting for holders. The discussion will introduce the politics and history of mark-to-market in tax, examine Camp's derivatives plan in detail, and debate the merits of marking certain types of derivatives.

WHO: Tax Analysts President and Publisher Christopher E. Bergin will moderate the discussion, which will feature Lee A. Sheppard, contributing editor, Tax Analysts; Yoram Keinan, partner, Carter Ledyard & Milburn LLP; and Viva Hammer, legislation counsel, Joint Committee on Taxation.

WHEN: Friday, April 25, from 3 p.m. to 5 p.m., with a complimentary beer and wine reception at 5 p.m.

WHERE: Ronald Reagan Building, Hemisphere Suite, 1300 Pennsylvania Avenue NW, Washington, D.C.

WHY: This conference is part of a long-running series of panel discussions that Tax Analysts hosts several times a year on tax policy and administration.

ADDITIONAL DETAILS: For more information and to register or view the live video stream, please visit the Tax Analysts event page or contact Shaima Cardillo at 703-531-4852 or shaima_cardillo@tax.org.

About Tax Analysts

Tax Analysts is an influential provider of tax news and analysis for the global community. Over 150,000 tax professionals in law and accounting firms, corporations, and government agencies, as well as academics, rely on Tax Analysts' federal, state, and international content daily. Key products include Tax Notes, Tax Notes Today, State Tax Notes, State Tax Today, Tax Notes International, and Worldwide Tax Daily. Founded in 1970 as a nonprofit organization, Tax Analysts has the industry's largest tax-dedicated correspondent staff, with more than 250 domestic and international correspondents. For more information, visit our home page.

CONTACT: Shaima Cardillo, 703-531-4852 shaima_cardillo@tax.org

Source: Tax Analysts