On July 14, 2016, the U.S. Department of the Treasury issued proposed regulations under Section 355 of the Internal Revenue Code that would establish new guidelines under the so-called "device" and "active business" tests....more
7/21/2016
/ Active Business Test ,
Alibaba ,
Control Test ,
Device Test ,
Internal Revenue Code (IRC) ,
Proposed Regulation ,
Recapitalization ,
Revenue Procedure 2016-40 ,
Share Classes ,
Tax-Free Spin-Offs ,
U.S. Treasury ,
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