Binding: Loose-leaf book
Volumes: One (1) volume...
Size: 6" x 9"
Offer Number: 0-6469-501
Material ID: 10035041-7777
Federal Income Taxation of Debt Instruments (6th Edition) is the
definitive reference for the complicated issues involved with debt
instruments. This new edition for 2011 contains clear interpretations of the
basic rules governing original issue discount and imputed interest and
detailed coverage of many specialized topics. The book covers virtually every
aspect of the taxation of debt instruments and many related areas.
Significant changes found in the Sixth Edition include:
The 6th Edition includes an updated CD ROM containing Microsoft® Excel®
spreadsheets illustrating the tables and examples found in the text of
Federal Income Taxation of Debt Instruments.
Federal Income Taxation of Debt Instruments (6th Edition) is
now available in an eBook format which you can download to your computer
INDEBTEDNESS AND "DEBT INSTRUMENT" DEFINED
DETERMINING TOTAL ORIGINAL ISSUE DISCOUNT
IMPUTED INTEREST ON DEBT ISSUED FOR PROPERTY
BELOW-MARKET AND INTERCOMPANY LOANS
CURRENT INCLUSION AND DEDUCTION OF OID
INTEREST INCLUSION IN INCOME AND DEDUCTION OF INTEREST PAYMENTS
SHORT -TERM OBLIGATIONS
VARIABLE RATE DEBT INSTRUMENTS
CONTINGENT PAYMENT DEBT INSTRUMENTS
VARIOUS SPECIAL TYPES OF DEBT INSTRUMENTS
SALES, EXCHANGES, RECAPITALIZATIONS AND REDEMPTIONS
CANCELLATION OF DEBT
DISTRESSED DEBT INSTRUMENTS—CREDITOR ISSUES
HEDGING OF DEBT INSTRUMENTS
WITHHOLDING AND INFORMATION REPORTING
David C. Garlock is a partner in the National Tax Department of Ernst & Young in Washington, D.C., where he has practiced since 1995.
He is an expert in the taxation of financial products, including debt instruments and derivatives and, while serving as an attorney in the Treasury Department's Office of Tax Policy from 1982 to 1986, was the principal author of the 1986 proposed regulations relating to original issue discount.
Mr. Garlock was an Adjunct Professor of Law in the Graduate Tax Program at the Georgetown University Law Center from 1989 to 1990 and has lectured extensively at continuing professional education programs in his areas of expertise. He is a past chair of the ABA Tax Section Committee on Financial Transactions.
Mr. Garlock graduated cum laude from Harvard Law School in 1979 and magna cum laude in Mathematics from Harvard College in 1975.