The term “structured product” as stated in the Act refers to a combination of fixed-income products and derivatives products sold by transaction-related parties such as securities firms or banks to a client according to the regulations.
Where an individual is engaged in transactions in the structured products as described in the preceding paragraph and the date of the maturity of the transaction is on or after 1 January 2010, the revenue generated during the duration of the contract after deduction of the costs and necessary expenses shall be the actual amount of income on the same day.
The term “the date of the maturity of the transaction” as stated in the preceding paragraph refers to early termination or settlement at the maturity of the contract. The term “the revenue generated during the duration of the contract” refers to any interim payments or proceeds received upon early termination or settlement at the maturity of the contract. The term “the costs and necessary expenses generated during the duration of the contract” refers to the initial invested principal and fee charges.