November 2011

This Month in M&A

This Month's Features:

  • Final "Hot Stock" regulations
  • Proposed regulations for redetermining consolidated NUBIG/NUBIL
  • Proposed regulations removing the de minimis partner rule
  • District Court rules lease restructuring transaction lacked economic substance
  • District Court rules foreign tax credit generating transaction lacked economic substance
  • IRS respects rescission of intercompany stock sales (PLR 201140008)
  • Taxpayer deemed to satisfy active trade or business requirement for exception to section 367(a)(1) (PLRs 201141011 and 201141012)

This Month in M&A archive