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Tax Deductibility of Business Expenses : The INDOPCO Decision.

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ProQuest Congressional Research Digital Collection: Part A (1830-2003) Available online

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Format:
Book
Government document
Author/Creator:
Library of Congress. Congressional Research Service.
Language:
English
Subjects (All):
Corporations.
Judge-made law.
Tax incentives.
Physical Description:
1 online resource (4 pages) : digital, PDF file
monochrome
Place of Publication:
[Place of publication not identified] : [publisher not identified], 2002.
System Details:
System requirements: PDF reader software.
text file
PDF
Summary:
Reviews 1992 Supreme Court decision in INDOPCO, Inc volumes Commissioner that found that expenses incurred by a company in preparing for a friendly take-over by another company were capital rather than deductible expenses. Discusses the IRS proposed rules to clarify and limit interpretation of the INDOPCO ruling.
Notes:
CRS Report.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.
Other Format:
Microfiche version: Library of Congress. Congressional Research Service. Tax Deductibility of Business Expenses
Access Restriction:
Restricted for use by site license.

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