Sale of Assets

IRS Issues Final Regulations Treating Qualified Stock Dispositions as Asset Sales

On May 10, 2013, the Internal Revenue Service (IRS) and Treasury Department released the long-awaited final regulations under Section 336(e) of the Internal Revenue Code, treating certain sales, exchanges, and distributions...more

Taxation Of Computer Software Sales: Ordinary Income, Capital Gain, Or Both?

The taxation of computer software is complex, confusing, and in some circumstances, uncertain; although self-created computer software is routinely sold today, especially with the significant increase in the number of...more

Shareholders Can't Block Asset Sales When Receivers Manage

Under California law, minority shareholders owning 10 percent or more of a corporation can block a sale of assets to the controlling shareholders in dissolution proceedings. However, that rule does not apply where the court...more

Renewable Energy Update -- February 12, 2013

In This Issue: Renewable Energy Focus - DOE, Treasury release $150M In unused Section 48C Clean Energy Manufacturing Tax Credits; Obama picks REI chief Jewell to head Interior Department; US emissions fall to lowest...more