Faegre DrinkerยทTAX
IRS targets tax-free ETF-to-ETF in-kind diversification transactions
An IRS notice and ruling under scrutiny nontaxable transfers into ETFs followed by nontaxable in-kind redemptions, signaling risk for funds and investors using diversification swaps.
etfirsin-kind-redemptiontax-free-transferdiversificationrevenue-ruling
Read the original firm alert โ Wednesday, October 7, 2026