Title: Taxation of new financial instruments
Description: Presents the results of an analysis of the application of domestic laws and tax treaties to four particular types of instruments: interest rate swaps, financial futures, options to by shares, and bonds issued at a deep discount. Explores the possibility of arriving at consistent treatment of these instruments to provide greater certainty for both tax administrators and the financial markets.
Subjects: Taxation, Law and legislation, Financial instruments, Bonds, Investments, Interest rate swaps, Financial futures, Options (Finance), Double taxation, Treaties, Capital market, International finance, Securities