search query: @author Fiore, N. J. / total: 1
reference: 1 / 1
« previous | next »
Author: | Fiore, N. J. |
Title: | Are takeover fees deductible? |
Journal: | Journal of Accountancy
1989 : DEC, p. 10 |
Index terms: | TAXATION MERGERS ACCOUNTING POLICY |
Language: | eng |
Abstract: | Taxation advice related to takeovers and role of US Internal Revenue Service and the Tax Court. Case study of a company opposing a takeover, where the costs were approved by the IRS. Another case of a fee for services not allowed as a business expense deduction. Analysis: hostile or friendly offer and the examination of "ordinary and necessary". Confusion of the two decisions and a basis for successful argument. |
« previous | next »
SCIMA