Complexities in the consolidated return reverse acquisition rules. : An article from: The Tax Adviser
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This digital document is an article from The Tax Adviser, published by American Institute of CPA’s on July 1, 1998. The length of the article is 925 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: IRS consolidated return regulations which provide rules for reverse acquisition transactions have important consequences for adjustments of stock bases and earnings and profits as well as for administrative issues such as filings and elections. IRS broad interpretation has resulted in uncertain application of the rules, particularly in complex cases. An example of attempted application in an IRC section 304 transaction illustrates the difficulties. The IRS should provide further guidance on this issue.
Citation Details
Title: Complexities in the consolidated return reverse acquisition rules. (taxation)
Author: James Prettyman
Publication: The Tax Adviser (Magazine/Journal)
Date: July 1, 1998
Publisher: American Institute of CPA’s
Volume: 29 Issue: n7 Page: 450(2)
Distributed by Thomson Gale
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