5.26 Ark. Code R. 51-440

Current through Register Vol. 49, No. 10, October, 2024

Rule 5.26-51-440 - Taxation of Regular Interests

The holder of a regular or high-yield interest in a FASIT (normally an investor), is generally taxed in the same manner as a holder of any other debt instrument. IRC Sec. 860H(c)(1).