Free Site Registration


Email This Article

IRS Modifies ‘Killer B Regulations’

Michael Cohn

The Internal Revenue Service is modifying and clarifying the regulations under Section 367(b) of the Tax Code relating to the treatment of property used to acquire parent stock or securities in certain triangular reorganizations involving foreign corporations, colloquially referred to as the “Killer B regulations,” to close loopholes in the anti-abuse rules.

Login for Registered Users:

Log in below to email an article:


Twitter
Facebook
LinkedIn
Follow Accounting Today