Options or commodities dealers. In the case of an options dealer or com- modities dealer, passive investment in- come does not include any gain or loss (in the normal course of the taxpayer’s activity of dealing in or trading section 1256 contracts) from any section 1256 contract or property related to the contract. Options dealer, commodities dealer, and section 1256 contract have the same meaning as in section 1362(d)(3)(E)(ii).
Appears in 9 contracts
Samples: Supplemental Contract, Publishing Agreement, Supplemental Contract
