“Ambiguities and Uncertainties in the Original Issue Discount Regulations”

May 5, 2010
Download

Mr. Hochberg and Mr. Klein drafted a report on behalf of the Tax Section of the New York State Bar Association titled, “Ambiguities and Uncertainties in the Original Issue Discount Regulations.” The report, which was issued on May 5 and published in a number of tax periodicals, recommends that the Internal Revenue Service issue guidance to resolve uncertainty in applying the original issue discount regulations in a number of specific areas where the law is currently unclear.