January 2013

This Month in M&A

This month's features:

  • IRS addresses Merrill Lynch type redemption issues in interal restructuring and rules that a cash distribution followed by a deemed liqudation of distributing corporation is a separate section 301 distribution (PLR 201252008)
  • Final anti-avoidance regulations issued under section 304
  • Final regulations remove de minimis partners rule under section 704
  • Separate return limitation year rules not applied to deconsolidated subsidiary (PLR 201251003)
  • Triple drop and check transaction treated as successive section 351(a) contributions followed by a D reorganization (PLR 201252002)
  • PLR respected F reorganization with addition of nominal shareholder followed by qualified stock purchase (PLR 201252011)
  • Revenue Procedures governing letter rulings updated (Rev. Proc. 2013-1, 2013-3, and 2013-7)
  • Business provisions in American Taxpayer Relief Act of 2012


This Month in M&A archive