TITLE

A Taxing Effort

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
April 2007
SOURCE
Investment Dealers' Digest;4/2/2007, Vol. 73 Issue 13, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the implications carried out by changing the tax codes in Canada. According to Canadian finance minister Jim Flaherty, a variety of tax changes could impair some of the cross-border mergers and acquisitions. The International Tax Fairness Initiative is the primary factor that could affect some dealmakers as it would alter the tax code to prevent Canadian multinationals from borrowing funds in the country to finance foreign operations.
ACCESSION #
24605922

 

Related Articles

  • The IRS Reviews Revenues Procedure 81-70: The Stakes for Taxpayers Are High. Keppler, Juliane Laura // Tax Executive;Mar/Apr2003, Vol. 55 Issue 2, p122 

    Discusses the issues raised by the review made by the U.S. Internal Revenue Service of Revenue Procedure 81-70, a revenue procedure that addresses the methodology employed in determining tax basis of stocks acquired in certain types of tax-free corporate acquisitions. Elements that made the...

  • A Good Old Habit, or Just an Old One? Preferential Tax Treatment for Reorganizations. Brauner, Yariv // Brigham Young University Law Review;2004, Vol. 2004 Issue 1, p1 

    Proposes to repeal the reorganization rules under the U.S. Internal Revenue Code that grant preferential tax treatment to a significant number of merger and acquisition transactions. Feature that is common in all reorganization transactions and stated justification of the applicable tax rules;...

  • Libya: Recommendations to Boost Insurance Market.  // MiddleEast Insurance Review;Aug2007, p19 

    The article reports on the recommendations made by the participants of the National Conference on the Future Plans of Insurance in Libya. Participants recommended to set up a committee to re-asses the laws governing insurance companies and their activities, the Libyan tax code and audit policy....

  • The Benefits of Tax Planning as Part of the Acquisition of an International Business. Barrett, James H.; Hadjilogiou, Steven; Tevel, Sean // Florida Bar Journal;Jan2013, Vol. 87 Issue 1, p40 

    The article focuses on the benefits of tax planning prior to the acquisition of an international business entity. Topics include the changing nature of tax laws, the minimization of global effective tax rates, and U.S. internal revenue law. Information is provided on tax exposure management and...

  • International Taxation. Cummings, Jack; Rowe, Kevin // Corporate Business Taxation Monthly;May2005, Vol. 6 Issue 8, p5 

    The article examines the scope of the second set of proposed regulations issued by the U.S. Internal Revenue Service to modify provisions under Code Section 367(a) and (b). These were issued in conjunction with the proposed regulations extending statutory mergers under Code Section 368(a)(1)(A)...

  • Expansion of Merger and Consolidation Provisions. Schwartzman, Randy A. // CPA Journal;Jun2005, Vol. 75 Issue 6, p58 

    Discusses the proposed regulations that would expand the scope of the statutory merger and consolidation provisions of the Internal Revenue Code (IRC) by the U.S. Internal Revenue Service. Analysis of merger transactions; Technical issues on cross-border mergers under IRC section 368; Several...

  • Internal Revenue Service Issues Guidance Affecting the Qualification of Multi-Step Merger Transactions as Tax-Free Reorganizations. Genender, Ana R.; Stein, Laurence J. // Venulex Legal Summaries;2003 Q3, p1 

    The article discusses the U.S. Internal Revenue Service (IRS) guidelines on multi-step merger transactions as tax-free reorganizations. Multi-step mergers can be treated as two separate transactions pursuant to Temporary Treasury Regulations under Section 338 of the tax code. A subsidiary spun...

  • IRS Proposes to Include Foreign Mergers in A Reorganizations. Rowe, Kevin M.; Tanenbaum, Edward // Venulex Legal Summaries;2004 Q4, p1 

    The article focuses on the proposed regulations introduced by the U.S. Internal Revenue Service that states that a statutory merger under foreign law may qualify as an A reorganization. Under the Internal Revenue Code, the A reorganization is the most flexible form of tax free reorganization. It...

  • Tax Court memorandum holds parents made gift to sons in a non-arm's-length merger of two family-run companies.  // Trusts & Estates;Jan2015 Tax Year in Review, pT5 

    The article focuses on the U.S. Tax Court case Cavallaro v. Comm’r, which dealt with the tax treatment of gifts in non-arms-length transactions between family-run companies. Topics include the merger of family-run businesses, the disproportionate allocation of business funds, and notices...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics