The IRS has issued a revenue procedure that provides safe harbor valuation methods for valuing certain stock of an issuing corporation received by a target corporation’s shareholders in a potential reorganization for purposes of determining if the continuity of interest (COI) is met. Under the circumstances described in the procedure, the IRS will not challenge […]
The post Safe Harbor Valuation Methods Provided to Value Stock Received in Reorganization for Purposes of COI Requirement (Rev. Proc. 2018-12) appeared first on Tax & Accounting Blog.