US Treasury sends warning to hedge funds over ‘tax alpha’ strategies
The US Treasury flagged Wall Street tax-optimisation products as potentially abusive, including 351 ETF conversions, box-spread ETFs, ordinary-loss funds and dividend-avoidance ETFs. Official Kevin Salinger said some pitch decks promise a $300,000 ordinary loss on a $1 million investment.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Ft_crypto.
Entities in this story
Want the full article?
Continue reading on Ft_crypto →