July 22, 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.
Tax M&A Update