Abstract

Newly issued Proposed Regulations, under Section 355, follow recent decisions allowing horizontal divisions of a single business. In addition, the proposals introduce factors for determining whether a Section 355 transaction is a device for bailing out earnings" Mr. Lee analyzes these and other changes in the Proposed Regulations.

Document Type

Article

Publication Date

4-1977

Publication Information

46 The Journal of Taxation 194-201 (1977)

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