A tax-free spinoff allows a company to create a new entity without incurring capital gains tax. Shareholders receive shares in the new company in proportion to their equity in the parent. Spinoffs may ...

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Newly proposed regulations on tax-free reorganizations and spinoffs would add significant compliance and reporting obligations. It is anticipated that there will be numerous comments on the ...

Section 355 of the Internal Revenue Code provides a powerful tool in corporate restructurings. Under the U.S. corporate income tax system, there is generally a tax imposed both at the corporate level ...

Send submissions to: CC:PA:LPD:PR (REG-134016-15), Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20224. Submissions may be ...

Internal Revenue Service (IRS), Treasury. In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations that provide guidance regarding the ...