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31Dec

IRS: Most Price Protection Payments Received by ESOP Participants Are Currently Taxable

The IRS Office of Chief Counsel on Dec. 20, 2019, released a so-called Generic Legal Advice Memorandum (GLAM) that had been issued to Division Counsel within the IRS Tax Exempt and Government Entities Division. A GLAM is not binding authority and...
By: Holland & Knight LLP
Source Url: https://www.jdsupra.com/legalnews/irs-most-price-protection-payments-14734/

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