X
30Jan

Mere Change?—“F” Reorganization Qualifies in Spite of Change in Plan

Freeman Law | | Return|
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
Source Url: https://www.jdsupra.com/legalnews/mere-change-f-reorganization-qualifies-6271926/

Related

National Labor Relations Board: Labor Day Roundup

While much of the country spent the last week of summer enjoying the last few days of sun, the Natio...

Read More >

New Overtime Rule More Employer-Friendly Than Last Attempt

Today, the U.S. Department of Labor finally announced its long-awaited changes to the regulations re...

Read More >

New York State Broadens Its Pay Equity Law

On July 10, 2019, the Governor of New York State signed into law a bill extending New York’s pay eq...

Read More >

Email Etiquette Can Prevent, And Help You Defend, Lawsuits

The litigator's secret weapon: good manners. William Hanson, the etiquette columnist for the Daily ...

Read More >

Legislative Update: Idiopathic and Unexplained Falls

Effective July 1, 2019, injuries in the workplace from idiopathic and unexplained falls will be subj...

Read More >

The CCPA: Employee Data Requirements May Be Delayed, But Do Not Appear to be Going Away

Action is currently underway to amend the California Consumer Privacy Act (“CCPA”) to provide empl...

Read More >