Stuffing an End Run to Reduce Taxes on Sell-Off Proceeds - Colgate-Palmolive and AlliedSignal tried a complex ploy to cut taxes on the money received from major divestitures. The formats involved partnering with a foreign entity and laying a lot of elaborate financial engineering on that. Nice try, but the US Tax Court kayoed them, ruling that they lacked economic substance
|Year of publication:||
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 34.1999, 1, p. 41-42
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