30Jan
Mere Change?—“F” Reorganization Qualifies in Spite of Change in Plan
Former British Prime Minister Winston Churchill once said, “Plans are of little importance, but planning is essential.” Perhaps that quote is a tad strong to apply generally to corporate reorganizations under Section 368 of the Internal Revenue Code. Plans, after all, are very important—if not essential—in the context of corporate reorganizations. However, based on a recent Private Letter Ruling, the Internal Revenue Service (“IRS”) noted that the “plan of reorganization” requirement for an “F”...
By:
Freeman Law
Related
In this issue of UK Employment Flash, we examine the latest employment law developments, news and in...
Read More >
Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Small Business Adminis...
Read More >
On Monday, August 17, 2020, Baker Donelson's Clinton Sanko sat down with Wendell Jisa, CEO of Reveal...
Read More >
Pilot Repeatedly Posted Sexually Explicit Photos of a Flight Attendant To Websites for Years, Federa...
Read More >
CIO-SP4 may be one of the most significant opportunities for both small and large government contrac...
Read More >
On June 13, 2019, the Departments of Treasury, Labor, and Health and Human Services issued final reg...
Read More >