CFO.com: Tax News

Possession Is 100% of the Tax Law

Mon, 23 Nov 2009 05:42:00 GMT

The accrual of some disputed payments may garner a deduction. But a company has to have control of the deferred funds.

Ghosts of Barbarians Limit New NOL Carrybacks

Mon, 16 Nov 2009 09:14:00 GMT

A specter of the old Barbarians at the Gate era emerges as companies hoping to take advantage of the net-operating-loss tax rules enacted last week may be limited by a 20-year-old law passed after the RJR Nabisco leveraged buyout.

Where's the Cash? Look Behind You

Wed, 11 Nov 2009 17:31:00 GMT

A new law gives corporations a chance to apply net operating losses to income generated in good years, going back to 2003.

Creating Buyers: The ESOP as Exit Strategy

Tue, 10 Nov 2009 02:20:00 GMT

Interest in creating employee stock-ownership plans seems to be ticking up among business owners worried that capital-gains tax rates soon may rise. They may want to sell now while the rates stay at 15%.

Invesco's Tax-Free Deal for Van Kampen

Mon, 09 Nov 2009 14:07:00 GMT

Invesco's foreign status makes a tax-free acquisition of Morgan Stanley's retail Van Kampen business a little more complicated, but not out of reach.

"Convergence Doesn't Necessarily Mean the Same."

Thu, 05 Nov 2009 19:08:00 GMT

The IASB and FASB are hoping to write accounting principles that match up word-for-word. But the devil may be in the rules governing implementation. Here are two examples.

How to Repatriate Earnings Tax-Free

Mon, 02 Nov 2009 12:38:00 GMT

Three pieces of IRS guidance issued over the past year provide a roadmap for corporate taxpayers.

What a Difference a Day Makes to Some Mergers

Mon, 26 Oct 2009 13:14:00 GMT

Last week, Equinix announced it was acquiring Switch & Data in a cash and stock deal. But the deal timing, and its prospects for tax-free treatment, will be constrained by IRS rules.

How to Get on the Same Page as the Taxman

Tue, 20 Oct 2009 23:30:00 GMT

More companies are looking to make deals with tax authorities on transfer-pricing terms to avoid unexpected penalties, tax advisers report.

Spin-off Options Abound for Bristol-Myers Squibb

Mon, 19 Oct 2009 07:53:00 GMT

Bristol-Myers Squibb holds more than 80% of Mead Johnson's shares. Nevertheless, it should be relatively easy to structure a tax-free divestiture. Here are a few reasons why.