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
Travel and visa restrictions continue to increase. The administration has confirmed recently that it...
Read More >
We recognize that many of our clients sponsor ERISA welfare benefit plans and are currently undergoi...
Read More >
Venture capital and private equity arrangements often include contractual provisions limiting the ri...
Read More >
Sixteen State legislators from the greater Bay Area took issue with the residential construction lim...
Read More >
The amendments to the Act prohibit Illinois employers and employment agencies from asking job applic...
Read More >
A new wage theft ordinance coming to the City of Minneapolis in 2020 places more stringent requireme...
Read More >