COVER STORY - Corporate Restructuring - The IRS issued a temporary regulation that allows firms involved in spin-offs to be acquired only six months after the divestment is completed without triggering tax liabilities. By cutting the limbo period from two years, the new rule is expected to be a stimulus for both acquisitions and spin-offs. However, it also removes a takeover barrier.
Year of publication:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 36.2001, 10, p. 17-18