Treasury and the IRS have issued new guidance targeting Section 351 ETF conversions used by wealthy investors to defer capital gains taxes, saying some transactions that use an ETF as a conduit do not work under existing law.

Oct 2, 2026 - 09:55

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Treasury and the IRS have issued new guidance targeting Section 351 ETF conversions used by wealthy investors to defer capital gains taxes, saying some transactions that use an ETF as a conduit do not work under existing law.

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