Divide and Conquer: The Latest Scoop on Code Section 355 Spinoffs

Posted by Joseph B. Darby III on Jul 10, 2015 11:01:00 AM

YAHOO.jpgYahoo has been much in the news of late – although Yahoo probably wishes that such were not the case. Yahoo’s stock plummeted and then mostly recovered in late May, as the result of some curious and perhaps even unguarded remarks by an IRS official at a Washington D.C. Bar Association event.

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Topics: EBIDTA, Tax Law, 355 Spinoff, 5% ruling standard


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Sullivan's Tax & Sports Update provides timely updates and cutting-edge commentary on all issues affecting U.S. taxation, and, of course, an always humorous take on sports! Edited by Joseph B. Darby III, a partner in Sullivan's Tax Department.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

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