Skip to main content
Date

Tags:

Rule
Item 5
Staff
Sam Sheinberg
Response/Comments

Capital gains are not reported.

Question

[Redacted]

Capital gains are not reported.

Sam

From: [Redacted]


Sent: Wednesday, September 11, 2019 1:41:24 PM (UTC-05:00) Eastern Time (US & Canada)


To: [Redacted]


Subject: Item 5 Reporting of Capital Gains

HSRHelp,

Do investment funds/vehicles report capital gains as part of investment income (under 523910 Investment Income) as Item 5 revenue? I had a call with Mike Verne years ago in which he said that they should report interest and dividend income only, and not capital gains. I don’t see any informal opinions on this point, however.

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

Learn more about Informal Interpretations.

Return to top