Tax Implications of LIBOR Reform
By EsqSocial Corporation 16/06/21
LIBOR (London Interbank Offered Rate) is a set of interest rate benchmarks based on the rates at which banks are willing to borrow wholesale-unsecured funds. It is used in numerous financial instruments such as loans, derivatives and other financial products, as well as leases. The LIBOR reform aims to address the weaknesses in the benchmark rate, including past efforts to "fix" the rate....
By: Katten Muchin Rosenman LLP