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Insolvency: an evolving definition?

Authors :
Schnee, Edward J.
Burton, Hughlene A.
Source :
The CPA Journal. December 1993, Vol. 63 Issue 12, p30, 5 p.
Publication Year :
1993

Abstract

A discarge of indebtedness does not result in income to the extent a taxpayer is insolvent, but how you define insolvency? Whether the taxpayer is insolvent is a vital consideration [...]

Details

Language :
English
ISSN :
07328435
Volume :
63
Issue :
12
Database :
Gale General OneFile
Journal :
The CPA Journal
Publication Type :
Periodical
Accession number :
edsgcl.14903809