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The article focuses on warning issued by Bradley Weber, a principal at wealth management firm Aspiriant, for mutual fund investors and their advisers to prepare for higher taxes as of November 2014.

The article reports on the net inflows recorded for equity mutual funds and taxable bond mutual funds in 2014.

The article focuses on the challenges facing the money market fund reform in the U.S. Industry insiders believe that the reform will not happen until 2015 because of tax issues, congressional support and industry opposition. The gap between systemic risk officials and the industry is said to be one important response received for the reform. A letter from presidents of Federal Reserve banks calls for a float that applied to retail and institutional funds.

The article reports that mutual funds will have to file boxes of tax information to the U.S. Internal Revenue Service to comply with its rule. A form was designed by the IRS specifically for individual investors to disclose their capital gains or losses. According to the Investment Company Institute (ICS), the rule could add thousands of pages to tax returns of mutual funds. The institute added that the rule would have little benefit to the agency.

The article reports on the regulatory concerns raised by four lobby groups to the U.S. Commodity Futures Trading Commission (CFTC). It describes policy being implemented by the CFTC which could mean higher tax and transaction costs for mutual fund and asset managers. Aside from the Investment Company Institute (ICI), the Asset Management Group of the Securities Industry and Financial Markets Association sent a letter to the CFTC urging it to permit netting to prevent said costs.

The article reports on the compliance with the Foreign Account Tax Compliance Act (FATCA) by fund firms in the U.S. According to Denise Hintzke, global leader of foreign account tax compliance with Deloitte Tax, some private equity firms are analyzing whether they need to comply with the law. It is noted that the law aimed at preventing tax evasion.

The article reports on the move of the Investment Company Institute to ask the Republic of Korea to impose its taxes on mutual funds.

The article reports on the statement issued by the Investment Co. Institute in a letter addressed to the U.S. Internal Revenue Service that mutual funds should be taxed as a corporation even though they are not publicly offered for sale to investors.

The article reports that the European Council in Brussels, Belgium wants Great Britain, and the other 26 countries of the European Union (EU), to approve the suggested investment transaction tax (ITT). Reportedly, the ITT would boost the price of conducting business for mutual funds that complete transactions in Europe or through European companies. British Prime Minister David Cameron has reportedly implied his rejection of the tax at the December 9, 2011 EU summit.

The article speculates that the tax treatment of foreigners owning American mutual fund shares may be put on hold until after the 2012 U.S. elections. The Committee for a Reasonable Federal Budget on December 12, 2011 has appealed to the U.S. Congress not to approve extensions without offsets. The exemption rule under the current law is cited.

A chart is presented that shows the taxable and tax-free data for the top-performing retail money-market mutual funds as of July 18 and 19, 2011 which include Fidelity Municipal MMF, JPMorgan U.S. Government MMF/Morgan, and Carnival Hill U.S. Treasury Fund/Administration.

The article reports on the first comprehensive clean up of the tax rules governing the mutual fund industry which was proposed when the Regulated Investment Company Act of 2009 was introduced by Charles Rangel, chairman of the U.S. House Ways and Means Committee.

The article reports on the approval by the U.S. House of Representatives of a bill to simplify tax rules for mutual fund companies in 2010.

The article reports on the decision by the U.S. Congress to put off a tax bill, which would have extended an exemption from withholding tax for foreign investments in shares of U.S. mutual funds until December 31, 2010.

The article reports on a hearing held by a subcommittee of the U.S. House Ways and Means Committee on June 15, 2010 about a bill to rationalize the taxation of mutual funds. The subcommittee is expected to move the bill to the House in summer 2010. The legislation is deemed to be the first comprehensive revamp of the tax rules governing the mutual fund industry in the last 25 years.

This section offers news briefs concerning the mutual fund market in the U.S. as of March 29, 2010, including the introduction of a mutual fund tax modernization bill in the U.S. Congress.

The article reports on the plan of the U.S. Internal Revenue Service (IRS) to require mutual fund firms to disclose every financial position for which a tax reserve has not been recorded on their tax returns. The agency will also ask the fund taxpayer to provide information on how much tax would be owed. It is noted that mutual funds are typically not subjected to tax.

The article reports on the Regulated Investment Company Act of 2009 introduced by U.S. House Ways & Means Committee Chairman Charles Rangel. The Act is cited as the first comprehensive clean up of the tax rules governing the mutual fund industry. Among the changes stipulated in the Act was the removal of the tax barrier to funds diversifying out of securities and into commodities.

This article reports on the move of the Investment Company Institute to enlist the administration of U.S. President Barack Obama to help in persuading Congress to extend the exemption foreign investors in mutual funds have from U.S. withholding tax.

The article reports that the Investment Company Institute has submitted an updated list of its major goals for changing the U.S. tax system in ways that will help the industry to the Economic Recovery Advisory Board of U.S. President Barack Obama.

This article reports on the decision of the U.S. Internal Revenue Service (IRS) to allow closed-end funds to pay up to 90 percent of their distributions in 2009. The IRS would enable closed-end funds to pay their contributions by issuing fund shares while meeting requirements to avoid taxes at the fund level. The guidance from the IRS requires closed-end funds to pay the distribution at market price.

The article focuses on calls by Stuart Mann, executive assistant at the Office of the Financial Services Industry of the U.S. Internal Revenue Service (IRS), for mutual fund firms to cooperate with the IRS regarding their inadvertent tax mistakes.

The article discusses plans by the U.S. Treasury Department on mutual fund taxation.

States that the proposed Mutual Fund Tax Awareness Act could prompt fund companies to outsource, according to the United States Securities and Exchange Commission's March 2000 meeting.

Discusses the effect of a proposed legislation on tax changes to the accounting system of mutual fund companies.

Focuses on the plan of Confluence Technologies company to launch a version of its FundStation, a software application that calculates after-tax returns on mutual fund shareholder investments.