The myth of tax-free liquidation.
“The goal in this article is to outline the Code provisions that require income recognition by corporations undergoing complete liquidations. In addition, planning points are reviewed to aid the accountant in minimizing the tax liability of the corporate client. The scope of the article is limited to corporate liquidations under Sec. 336 (in-kind liquidations) and Sec. 337(12-month liquidations)…” (p.46)
New York State Society of Certified Public Accountants
Fellows, J. A. (1984). The myth of tax-free liquidation. The CPA Journal, 54(11), 46-52.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.