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Loss disallowance post-Rite Aid: the IRS and treasury revisit the treatment of subsidiary stock losses

Article Abstract:

The IRS has issued Temporary Regulations on loss deductions taken by consolidated groups as a result of subsidiary stock losses. The rules are reviewed and evaluated.

Author: Mombrun, Reginald, Johnson, Heather L.
Publisher: CCH, Inc.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2003
Securities issued, listed, Corporate Income Taxes, Subsidiary corporations, Subsidiaries, Securities, Company securities, Recognition of gain or loss (Taxation), Recognized gain or loss (Taxation), Loss deductions, Basis (Taxation), Consolidated tax returns

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Highlights of the new tax law changes

Article Abstract:

Opportunities for tax breaks and business expense accounting in the Tax Increase Prevention and Reconciliation Act of 2006 are discussed.

Author: Goldstein, Richard
Publisher: JR O'Dwyer Co., Inc.
Publication Name: O'Dwyer's PR Services Report
Subject: Business
ISSN: 1043-2957
Year: 2006
United States, Tax Deductions & Exemptions, Taxes, Tax deductions, Tax policy, Tax credits

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Subjects list: Laws, regulations and rules, Government regulation
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