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CCH Introduces journal Of Taxation
Of Financial Products
Quarterly is Packed with Insights, Analysis, Techniques
(RIVERWOODS, ILL., March 31, 2000) The use of sophisticated financial
instruments by major corporations, financial institutions and high net worth taxpayers is
skyrocketing. Every user of derivative and other financial products needs to understand
the tax consequences of utilizing and investing in them. To meet those needs, CCH
INCORPORATED (CCH), a leading provider of tax and business law information, has introduced
the Journal of Taxation of Financial Productsthe first journal designed
exclusively to provide tax practitioners, corporate finance managers and financial
services firm professionals with analysis of the tax ramifications associated with
financial products. ($195. To order, or for more information on the Journal of Taxation
of Financial Products, call 1-800-449-8114, or order over the Internet at http://tax.cchgroup.com.)
Need to Know Information, Insightful Strategies
Failure to know and anticipate the tax consequences of a particular derivative
transaction, for example, can undermine the products effectiveness as a financial
tool. Unintended and unexpected tax ramifications can make a transaction uneconomical.
Subscribers to CCHs Journal of Taxation of Financial Products will learn how
to protect against a variety of risks, achieve lower costs of funds, and meet a desired
rate of return.
The Journal of Taxation of Financial Products emphasizes the tax treatment of
hedges, straddles and the like, identifying strategies to maximize the return for
investment vehicles and cross-border derivative transactions, and examining the tax
uncertainties of new financial products.
"This Journal is a must for practitioners who advise clients on
todays sophisticated and evolving financial instruments," said Gail Portugal,
Federal and State Tax marketing manager. Tax, finance and legal professionals with clients
or organizations in the energy, investment, insurance, banking and agriculture industries
will find the authoritative guidance in this Journal vital to successful advice and
planning, as will those advising high net worth taxpayers.
Each quarterly issue includes feature articles that provide information needed for
successful tax planning in the area of derivative financial products. Readers will find
comprehensive, in-depth articles on basic financial product transactions as well as
cutting-edge issues; valuable advice on tested strategies, analyzed by fellow
practitioners; heads-up notice of financial products tax policies and trends; and planning
tips that can be put to immediate use.
Continuing columns by leading professionals in the financial product and derivative
fields offer expert guidance on issues affecting high net worth individuals, international
taxation, capital markets and other critical areas, insightful coverage of new regulatory,
state and local developments and industry and financial accounting perspectives on the
Expertise from the Field
Journal of Taxation of Financial Products co-editors in chief are Andrea S. Kramer
and William R. Pomierski, both leading financial product experts who are partners in the
international law firm of McDermott, Will & Emery.
Kramer heads the firms Financial Products, Trading, and Derivatives Group. She
has written close to 90 articles and books on derivative financial products, and is the
author of the leading treatise on derivative financial products law. She advises clients
on the design, trading and risk management applications of financial products, including
highly complex and rapidly evolving over-the-counter products such as securitized assets,
equity swaps, credit derivatives, weather derivatives, contingent debt instruments and
Pomierski is a member of the firms Financial Products Group and its Tax
Department. His experience in financial product issues has an emphasis on hedging,
mark-to-market issues, asset-backed securities offerings, domestic and international
securities lending, short sales, broker reporting and other information reporting
requirements, foreign currency transactions, equipment leasing and international financial
transactions. He worked closely with a government-sponsored entity in its domestic and
global medium-term note offerings, rendering tax opinions on over $5 billion of debt
issuances in the past year.
CCHs Journal of Taxation of Financial Products editorial board,
including the columnists, is composed of leading authorities in the field.
The advisory board, which includes all columnists, includes Neil Auerbach, Goldman
Sachs; Gina Biondo, PricewaterhouseCoopers; Mark T. Caron, PricewaterhouseCoopers; Walter
R. Drew, Banc of America Securities, LLC; Glenn N. Eichen, Fleet National Bank; Steven G.
Frost, Chapman and Cutler; David C. Garlock, Ernst & Young, LLP; Earl Goldhammer,
American Electric Power; Alton B. Harris, Ungaretti & Harris; Mary B. Heath, KPMG,
LLP; M. Holly Isdale, Goldman Sachs; Jeffrey Lonsdale, Unity Hunt, Inc.; David S. Miller,
Cadwalader, Wickersham & Taft; David Z. Nirenberg, Orrick, Herrington & Sutcliffe,
LLP; James Palmer, American Express Financial Corporation; Charles Plambeck, Deutsche
Bank; Greg Stephenson, Deloitte & Touche; and Steven M. Surdell, Baker & McKenzie.
Pricing and Availability
To order, or for more information on the Journal of Taxation of Financial Products,
call 1-800-449-8114, or order over the Internet at http://tax.cchgroup.com. A subscription to the quarterly Journal is
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served
four generations of business professionals and their clients. The company produces more
than 700 electronic and print products for the tax, legal, securities, human resources,
health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer
U.S. The CCH web site can be accessed at www.cch.com.
The CCH Federal and State Tax site can be accessed at http://tax.cchgroup.com.
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EDITORS NOTE: For members of the press, a complimentary review copy of the Journal
of Taxation of Financial Products is available by contacting: Leslie Bonacum,
824-267-7153 or firstname.lastname@example.org.