CCH Tax Day Report The IRS has issued temporary regulations that provide guidance in determining a predecessor or successor of the distributing or controlled corporation for purposes of Code Sec. 355(e), and provide certain limitations on the recognition of gain in certain cases involving a predecessor of a distributing corporation. The temporary regulations also provide […]
The post Temporary and Proposed Regulations Provide Guidance On Predecessors, Successors and Limitation on Gain Recognition Under Code Sec. 355(e) and (f) (T.D. 9805; NPRM REG-140328-15) appeared first on Tax & Accounting Blog.