Acquisition of control of a C corporation by an S corporation.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on March 1, 1993. The length of the article is 685 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: Acquisitions have been increasingly set up as stock sales rather than purchases, and the question of the status of S corporations that acquire 100% of a C corporation's stock has arisen. In Tax Advice Memorandum 9245004, the IRS granted permission for the acquisition and immediate dissolution of target corporations without the loss of S corporation status for the purchaser. This interpretation is beneficial to S corporations because of the versatility it offers them in structuring purchases.

Citation Details
Title: Acquisition of control of a C corporation by an S corporation.
Author: Robert E. Kempke
Publication:The Tax Adviser (Magazine/Journal)
Date: March 1, 1993
Publisher: American Institute of CPA's
Volume: 24 Issue: n3 Page: 176(2)

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