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Treasury Flags Concern Over 'Potentially Abusive' Tax Trades
News July 21, 2026 at 03:39 PM
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What You Need To Know
- High-profile tax strategies touted by Wall Street may be “too good to be true,” Treasury says.
- The strategies under scrutiny include so-called 351 conversions, box-spread exchange-traded funds, products that offset ordinary income, and funds that avoid dividend income by flipping between other ETFs.
- Treasury has previously voiced concern over the growing use of 351s, which involve converting a portfolio of assets into an ETF to rebalance without realizing a capital gain.
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