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Capitalization not required for payment to terminate management agreement prior to IPO.

Authors :
Meade, Kathleen
Salza, John
Source :
The Tax Adviser. October 1, 2015, p738, 4 p.
Publication Year :
2015

Abstract

The IRS concluded in Letter Ruling 201518012 that a payment made to terminate a management services agreement did not create an intangible asset or facilitate a transaction and, therefore, did [...]

Details

Language :
English
ISSN :
00399957
Database :
Gale General OneFile
Journal :
The Tax Adviser
Publication Type :
Periodical
Accession number :
edsgcl.431445038