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
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