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09Mar

Recent IRS Technical Advice Memorandum Denies Recovery Of Capitalized Costs Incurred By Target Company Upon Sale Of The Target Company - Tax Update Volume 2020, Issue 2

In April 2019, the IRS’s Large Business and International Division (LB&I) issued an LB&I Transaction Unit (LTU) that described potential positions a taxpayer may take to recover previously capitalized transaction costs....
By: Pepper Hamilton LLP
Source Url: https://www.jdsupra.com/legalnews/recent-irs-technical-advice-memorandum-48284/

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