Sales and use taxes : mergers and acquisitions / John J. Cronin, Deloitte Tax, LLP, New York, New York

Author: Cronin, John J.
Published: Arlington, VA : Tax Management, [1994]-
Physical Description: 1 online resource
Additional Creators: Kleier, James P. and Tax Management Inc

Access Online

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Availability

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Series

Tax management multistate tax portfolios ; 1370-2nd

Contents

Detailed analysis. Introduction -- Acquisitions, mergers, and reorganizations -- General sales and use tax concepts applicable to acquisition transactions -- Sales of assets -- Nexus implications of acquiring certain entities -- Transfers under Internal Revenue Code section 351 -- Drop-kicks: drop-down of assets followed by stock sale -- Exercising due diligence for M&A sales tax issues -- Working papers.

Summary

" ... discusses the principle sales and use tax concepts that should be addressed--but are often overlooked--in structuring a merger or acquisition. In addition, the state tax provisions applicable to other common corporate transactions, including bulk sales, liquidations, and incorporations are examined. The Portfolio also discusses the general concepts that will impact most of these transactions, such as the dividing line between tangible and intangible property and exemptions (e.g., the "casual sales" or "isolated sales" exemption, the "sales for resale" exemption, and other state--specific exemptions). The Portfolio concentrates on generally applicable principles with a particular focus on the laws of some of the larger states."

Subject(s)

Consolidation and merger of corporations—Taxation—United States—States
Use tax—United States—States
Bulk sales—Taxation—United States—States
Liquidation—Taxation—United States—States
Incorporation—Taxation—United States—States

Publication Frequency

Updated irregularly

Note

Authors: John J. Cronin, James P. Kleier, .
Revision of: Mergers and acquisitions--sales and use tax consequences / by James P. Kleier.
Published: Washington, D.C., 1994-2007.
Published as: Tax Management Multistate Tax portfolio 1530, -2012.

Bibliography Note

Includes bibliographical references.

View MARC record | catkey: 26098173