We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
TAX POLICY AND CHANGES TO SUBCHAPTER C.
- Authors
TAYLOR, WILLARD B.
- Abstract
The article focuses on tax policy and Subchapter C amendments on corporate income tax reduction in the Economic Recovery Tax Act of 1981 (ERTA), Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) and the 1984 Tax Reform Act. It cites the treatment of acquisitions, redemptions and the Subchapter S Revision Act in relevance to Subchapter C. Proposals in the Preliminary Report include the carryover tax basis in corporate acquisition, tax free consideration for shareholder stocks in corporation acquisition and the treatment of carryover and net operating loss after a merger or acquisiton. It also notes reactions to the Preliminary Report, the merger rule and purchase rule and the earnings, dividend distributions and pass-through entities.
- Subjects
UNITED States; INCOME tax laws; UNITED States tax laws; TAX incidence; TAXATION of mergers &; acquisitions; CORPORATE finance; TAXATION of corporate profits; TAX laws
- Publication
Law & Contemporary Problems, 1985, Vol 48, Issue 4, p58
- ISSN
0023-9186
- Publication type
Article
- DOI
10.2307/1191485