FAS 133 and tax - an unhappy marriage awaiting a counsellor

Journal
Author
Rosenthal, S.M.; Price, M.H.
Country
United States
Published Date
Issue
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 1999 (Volume 1), No. 4
FormatPDF
EUR
45
| USD
50 (VAT excl.)

This article introduces the new financial accounting standard, discussing its scope and its effect. The article also presents the tax rules applicable to derivatives and hedges. It then compares the treatment of derivatives under FAS 133 and for tax purposes.