Proposed regs. would define Sec. 1256 foreign currency contracts

Proposed regs. would define Sec. 1256 foreign currency contracts

The IRS’s definition would exclude foreign currency options or other derivatives, but such instruments may still be subject to the Sec. 1256 mark-to-market rules under other provisions.
Source: JOA News
Read More here – Proposed regs. would define Sec. 1256 foreign currency contracts