Tax consequences of debt modifications.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on February 1, 1992. The length of the article is 906 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The tax consequences of modifying debt instruments should always be considered, especially in the case of real estate. While some modifications have no tax effect, others may be considered an exchange of the original note for a new one. Regulations regarding installment notes receivable, partner recourse loans, nonrecourse notes, original issue discounts and cancellation of indebtedness income are considered.

Citation Details
Title: Tax consequences of debt modifications.
Author: Jerry S. Williford
Publication:The Tax Adviser (Magazine/Journal)
Date: February 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n2 Page: 98(3)

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