Viva Hammer quoted in the International Tax Journal on Australia’s Carbon Tax.
Read more here: International Tax Review – Aust Carbon
Viva Comments on Regs Address Derivatives Assignment after Dodd-Frank
Read Viva’s comments here: Regs Address Derivatives
Hedging Hot with IRS
Viva Hammer, John Newton from Prudential Financial and Patrick White from the IRS debated the hedging rules and IRS’ recent focus on straddles and hedging at the 23rd Insurance Tax Seminar for the Federal Bar Association 2011 FBA Hedging Presentation final
UTP form causing heartburn to corporate directors
Viva Hammer quoted in Agenda magazine on the impact of the form for Uncertain Tax Positions for corporations Agenda UTP
Foreign exchange tax shelter shut down in poorly reasoned case
Viva Hammer comments on a new case shutting down a tax shelter using FX options. Read more here
Deluge of Viva Hammer’s words on Dodd-Frank
The media abounds with Viva Hammer’s words on Dodd-Frank implementation.
Unintended tax consequences of the global financial crisis
In January 2011 in New York at a PLI seminar, Viva Hammer, Andrew Needham, Michael Novey and Matthew Stevens debate the tax outcomes of past economic crises and their impact on the one we’re still digging out of. 2011 PLI Financial Transactions
Viva Hammer entertains Women Corporate Directors on Tax & Derivatives
Viva Hammer provided an amusing look into derivatives, tax, and Dodd-Frank to Women Corporate Directors in DC in October 2010 and in New York in November 2010.
Read the Press release here:
Dow Jones Quotes Viva Hammer on Derivatives Tax
The IRS has issued new guidance on the taxation of hedging transactions that are exchange-traded. Implications are discussed by Viva Hammer in an article by Dow Jones. IRS Eases Slightly In Dispute Over Derivatives Tax
Institutional Investor cites Viva Hammer on Credit Default Swaps
“Every portfolio manager has the obligation to minimize risk and maximize returns, and CDSs can be part of a program to accomplish this if properly used,” says Viva Hammer, who was responsible for tax regulations governing CDSs while with the U.S. Treasury Department’s Office of Tax Policy. Following the collapse of Lehman Brothers Holdings, she points out, the CDS market behaved in an orderly fashion. “The cause of the crisis wasn’t derivatives; the cause was fraud and misbehavior in the underlying markets,” she argues.
Yet, as Viva Hammer says, “if you restrict or forbid pension funds from the CDS market” — as some legislators would do — “you would be excluding them from an important market and potentially increasing their risks and decreasing their returns.”
Read the full article here: How Pension Funds Exploit Credit Default Swaps