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Thursday, May 11, 2017

IRS To Issue Private Rulings Again On Certain Distributions

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The Internal Revenue Service will resume issuing rulings on tax questions regarding exchanges of stock for debt relief by controlled corporations amid an agency study of tax implications for certain spin-off transactions, the IRS announced Tuesday, saying the move was in the interest of sound tax administration.

May 11, 2017 at 01:08AM

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