Tax Partner Quoted in Tax Analysts on Treasury Guidance Clarifying Regulated Investment Company Controlled Group Rules

In The News
August 2, 2013
Susan A. Johnston
Tax partner Susan Johnston is quoted in an August 2 Tax Analysts article titled “Treasury Issues Proposed Regs Clarifying RIC Controlled Group Rules.” In the article, Ms. Johnston discusses the U.S. Treasury’s recently proposed regulated investment company (RIC) regulations that propose to change the definition of a controlled group as applied to asset diversification rules. 

In her comments, Ms. Johnston, author of Taxation of Regulated Investment Companies and Their Shareholders, highlights the importance of the Treasury’s decision to clarify the definition of a controlled group. She goes on to explain that if the Treasury finalizes the new regulations, "there are some RICs that may well choose to alter their structure, really change the way in which they conduct their investment activities."


Susan A. Johnston
Susan A. Johnston
Retired Partner