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Finanse publiczne · 13/07/2017

IRS Withdraws Proposed Regulations on Corporate Formations and Reorganizations

The Internal Revenue Service (IRS) has withdrawn the remaining part of a notice of proposed rulemaking that would have required exchanges or distributions of net value for certain corporate formations and reorganizations to qualify for nonrecognition treatment under the Internal Revenue Code, affecting corporations and their shareholders.

Source: Federal Register — Department of the TreasuryOpen original release →