Federal Income Taxation of Debt Instruments (Fifth Edition) is the definitive reference for the many complicated issues involved with debit instruments. This comprehensive treatise contains clear interpretations of the basic rules governing original issue discount and imputed interest and detailed coverage of many specialized topics. Virtually every aspect of taxation of debt instruments and many other related areas are included.
Features of this new edition include:
- Primer on basic debt concepts
- Glossary of basic terms
- New section on cancellation of debt income
- New section on the accrual of OID
- Expanded coverage on Chapter 11 and Chapter 13
- New section on TEFRA D rules
