Wall Street Journal |
IRS Raises Red Flag on Real–Estate Spinoffs
Wall Street Journal Activist investors have been clamoring for companies to spin off real estate and unlock the value hidden in their headquarters, stores and land. This week, U.S. tax authorities weighed in with a message of their own: Not so fast. In new guidance, the … IRS Worried Companies Might Use Real Estate Spinoffs to Avoid Paying TaxesRealty Today |
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