| Tekijä: | Willens, R. |
| Otsikko: | Taking aim at LBOs: the new Tax Act's corporate provisions |
| Lehti: | Journal of Accountancy
1990 : FEB, VOL. 169:2, p. 42-44, 47-48,50 |
| Asiasana: | MERGERS LEGISLATION TAXATION |
| Kieli: | eng |
| Tiivistelmä: | Review of the 1989 Revenue Reconciliation Act and its impact on how leveraged buyouts /LBOs/ are handled. Monetizing net operating losses. Offset limited. Original issue discount. A new instrument. High yield discount obligation. Net operating losses carrybacks. Stock acquisition. Excess distribution. Instalment sales. Closing the Campeau loophole. Employee stock ownership plans. Reducing the tax benefits. Earnings stripping. Other provisions. Franchise amortization. The new IRS report. Built-in loss rules. Mutual fund distributions. Dividend receipt. Mergers and acquisitions made more difficult. |
SCIMA