Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Treasury, IRS Issue Guidance on Fannie and Freddie Preferred Stock

News release: “The Treasury Department and the Internal Revenue Service today issued Revenue Procedure 2008-64 (Rev. Proc. 2008-64), which provides that certain gains and losses from indirect ownership of Fannie Mae and Freddie Mac preferred stock can be treated as ordinary income and loss.”

  • Related postings on financial system
  • Sorry, comments are closed for this post.