Private Investment Fund Tax and Accounting Forum

William R. Pomierski will present “Notional Principal Contracts — Separating Fact from Fiction” at the Private Investment Fund Tax and Accounting Forum.

Topics will include:

• What is the status of the proposed regulations?
• Is there a difference in how trader funds and investor funds are treated?
• Can the wait and see method still be used?
• How are bullet swaps treated under proposed regulations and does it matter?
• How should nonperiodic payments be treated?
• What is a termination payment and how is it distinguished from other payments?
• Impact of 871(m)
• Tax clauses in swap contracts