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IRS Studying Active Trade or Business Requirement for Tax-Free Spin-Offs

The IRS is considering future guidance that could present opportunities for R&D phase businesses. In a statement issued on September 25, 2018, the Internal Revenue Service (IRS) announced that it is studying the active...more

IRS Adds Certain Spin Transactions to the “No Rule” List

Treasury and IRS announce that certain “cash rich” and REIT/RIC conversion spin-offs are under study and are added to the “no rule” list. On September 14, 2015, the United States Treasury Department (the Treasury) and...more

10/1/2015  /  IRS , REIT , RICs , Shareholders , Spinoffs , U.S. Treasury
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