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999			_c150381 _d150381
003			ES-MaIEF
005			20250303134221.0
007			ta
008			250303t2024 xxu||||| |||| 00| 0eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100			_972053 _aWang, Davis J.
245	1	4	_aThe new IRS ruling policy on spin-off transactions _c Davis J. Wang.; Jameson S. Lloyd.; M. John Jo.; Stephen J. Profeta.
520			_aOn May 1, 2024, the IRS issued Revenue Procedure 2024-24, which establishes revised standards for taxpayers seeking private letter rulings on tax-free spin-offs, focusing in particular on, among other things, issues relating to stock-for-debt exchanges and debt securities-for-debt exchanges occurring in connection with tax-free spin-offs. Such debt exchanges have been a popular feature in many spin-off transactions as a tax-efficient way for companies to de-lever by effectively reallocating parent company debt to the company being spun-off. Administrative guidance on such exchanges has evolved over the years, and the new Revenue Procedure signals a significant departure from recent ruling practices.
650		4	_942651 _aDEUDA TRIBUTARIA
650		4	_943504 _aEMPRESAS
650		4	_953201 _aESCISIÓN
700			_972056 _aLloyd, Jameson S.
700	1		_972378 _aJo, M. John
700	1		_972379 _aProfeta, Stephen J.
773	0		_9172580 _oOP 235/2024/4 _tJournal of Taxation of Investments _w(IEF)51921 _x 0747-9115 _g n. 41-4, Summer 2024 , p. 39-45
942			_cART