Before recommending a 351 ETF, check for the pattern the IRS just made taxable

Investors could owe tax and interest on the swapped-out securities if a 351 ETF exchange includes all three elements of what the agency calls an "potentially abusive" pattern.

Summary as published by Financial Planning

Financial ADVSR links to reporting from across the industry. This story was reported by Financial Planning. Financial ADVSR is not affiliated with Financial Planning. Updated every 10 minutes.