IHS Markit has launched the Markit│CTI Tax Solutions for Section 871(m) to address compliance obligations for US equity derivatives. Section 871(m) issued by the US Internal Revenue Service (IRS) aims to establish up to a 30% tax withholding on foreign investors related to dividend equivalent payments for US equity derivatives. US equity linked instruments, indices, structured notes and convertibles will need to be pre-screened to determine if they are subject to Section 871(m) and may require

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