17 CFR 229.1116
§ 229.1116 (Item 1116) Tax matters.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 229.1116, § 229.1116 (Item 1116) Tax matters, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68506
- Permanent ID
ys:prov:68506@1- SHA-256
2eaf06f7481aed902ad0ccf86bba46ca3156d123e7d845c4e4833f005abcae81
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Full text
Provide a brief, clear and understandable summary of:
(a) The tax treatment of the asset-backed securities transaction under federal income tax laws.
(b) The material federal income tax consequences of purchasing, owning and selling the asset-backed securities. If any of the material federal income tax consequences are not expected to be the same for investors in all classes offered by the registration statement, describe the material differences.
(c) The substance of counsel's tax opinion, including identification of the material consequences upon which counsel has not been asked, or is unable, to opine.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.