Proposed rule REG-115560-99 Equity Options With Flexible Terms; Qualified Covered Call Treatment

2001-01-18 · Treasury · IRS · 66 FR 4751 · Comments closed 2001-04-18

This document contains proposed regulations providing guidance on the application of the rules governing qualified covered calls. The new rules address concerns that were created by the introduction of new financial instruments several years after the enactment of the qualified covered call rules. The proposed regulations would provide guidance to taxpayers writing equity call options. This document also provides notice of public hearing on these proposed regulations.