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IRS Suspends Prior Guidance Limiting Tax-Free Spinoffs

USA - April 3 2019 On March 21, 2019, the IRS announced it is temporarily suspending two revenue rulings addressing tax-free spinoffs. The suspended rulings had…

David H. Saltzman, Hudson Todd.

IRS Considers Giving More Ventures Access to Tax-Free Spinoffs

USA - October 2 2018 On September 25, 2018, the IRS announced that it is considering guidance on the treatment of spinoffs involving business ventures engaged in research…

David H. Saltzman, Hudson Todd.