Commodity derivative scope widened to include price index based instruments, adds option in goods and addresses settlement strike pricing. Amendment expands 'commodity derivative' to include instruments based on prices or indices of commodity derivatives, adds 'option in goods' to the list of taxable instruments, renumbers affected table serial entries, and inserts a provision treating the difference between settlement price and strike price for a specified table transaction as an operative component.
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Commodity derivative scope widened to include price index based instruments, adds option in goods and addresses settlement strike pricing.
Amendment expands "commodity derivative" to include instruments based on prices or indices of commodity derivatives, adds "option in goods" to the list of taxable instruments, renumbers affected table serial entries, and inserts a provision treating the difference between settlement price and strike price for a specified table transaction as an operative component.
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