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

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