Page 35 - Large Business IRS Training Guides
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BEP – QDP
                                                                  Exception (cont’d) 2








              A derivative is
                                            (subject to exceptions on the next page)
              any contract
                                         the value of which, or any payment or

                          transfer with respect to which, is (directly or
              other
                                                                   reference to one or more of
              indirectly) determined by

              the following –



                                  share of stock in a corporation,
                     •  Any

                     •  Any
                                  evidence of indebtedness,

                                                         that is actively traded,
                     •  Any commodity

                     •  Any currency, or


                     •  Any rate, price, amount, index, formula, or algorithm










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