JP Morgan Seeks Comments on Tax Law Changes Affecting Financial Instruments

JPMorgan Chase & Co., the guarantor of certain notes, has published a notice on StreetInsider requesting comments from investors regarding potential changes to tax laws that could affect these financial instruments.

The notice addresses issues related to withholding taxes and the 'constructive ownership' regime, which can recharacterize long-term capital gains as ordinary income. Any new Treasury regulations or guidance may have a significant impact on the tax consequences of investing in the notes.

JPMorgan Chase & Co. has determined that Section 871(m) of the Code will likely not apply to these notes for Non-U.S. Holders, but this determination is non-binding and subject to review by the IRS.