United States - Limitation on the Ability To Generate Leg-Out Losses in Currency Transactions
- United States
- P. Carman
- Derivatives & Financial Instruments, 2012 (Volume 14), No 6
- 1 November 2012
The author analyses temporary regulations recently issued by the US Internal Revenue Service which are intended to clarify rules on the legging-out of qualified hedging transactions that consist of multiple components.