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22 July 2022

Tax M&A Update for June 2022

Tax M&A Update is a monthly newsletter that provides a summary of developments in the marketplace, leading technical developments, and other thought leadership notes in the area of mergers and acquisitions (M&A) taxation and general corporate taxation. Highlights of this edition include:

— Vertical divisions of a closely-held family business;

— Transition tax does not violate US Constitution (and taxable income does not require realization); and

— Chief counsel advice: termination fees are capital losses.

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ATTACHMENT

Tax M&A Update

Document ID: 2022-1118

 

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