hedging transaction

(2) Definition of hedging transaction For purposes of this subsection, the term “hedging transaction” means any hedging transaction (as defined in section 1221(b)(2)(A)) if, before the close of the day on which such transaction was entered into (or such earlier time as the Secretary may prescribe by regulations), the taxpayer clearly identifies such transaction as being a hedging transaction.


26 USC § 1256(e)(2)

Scoping language

For purposes of this subsection
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