US Treasury Targets Wall Street Tax-Avoidance Strategies — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- US Treasury threatened a crackdown on Wall Street tax-avoidance strategies, per the Financial Times, with the WSJ and Bloomberg both reporting a new notice aimed at tax-avoiding investment trades
- The action encompasses Revenue Ruling 2026-20, addressing security transfers involving ETFs — a strategy used to manage tax exposure on fund holdings
Why it matters: By singling out tax-avoiding investment strategies — including the specific ETF security-transfer mechanism addressed in Revenue Ruling 2026-20 — the Treasury is putting fund sponsors and Wall Street on notice that longstanding tax-minimization structures are now under regulatory threat.
Ask SkimNews
