Abstract
The IRS ruled that a liquidation of a subsidiary, which is a tax‐exempt entity, is not subject to the liquidation rules (of IRC § 337) because the type of transaction involved is not covered by the applicable tax regulations (Priv. Ltr. Rul. 202134013).
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
