Karen Lau Givian of the Investment Company Institute has offered comments on proposed regulations regarding the reporting of stock basis (REG-101896-09). Her letter specifically cites concerns regarding average cost, gifted and inherited shares, flexibility for transfer statements and the February 15 reporting deadline.
See Comments on Proposed Regs on Cost Basis Reporting, 2010 TNT 142-68 (February 8, 2010).
Posted by James G. Haskell, Associate Editor, Wealth Strategies Journal.
See Comments on Proposed Regs on Cost Basis Reporting, 2010 TNT 142-68 (February 8, 2010).
Posted by James G. Haskell, Associate Editor, Wealth Strategies Journal.

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