Up until the Latest Statutes, taxpayers got precisely the current 1

Up until the Latest Statutes, taxpayers got precisely the current 1 1001-step 3 statutes (that aren’t particular so you can LIBOR changeover), Proposed Legislation and you may Rev. Proc. 2020-forty-two to help you trust. Beneath the Proposed Laws, substitute for regarding LIBOR essentially did not lead to a deemed exchange for people federal taxation aim […]