« Previous · Tax Update Blog Home · Next »
As we mentioned yesterday, the Tax Court has added $1.3 billion to the Tribune Company's 1999 taxable income by ruling that the sale of Matthew Bender by its Times-Mirror subsidiary did not qualify as a tax-free reorganization.
The case has gotten some big-media attention. The TaxProf has a roundup and links.
Bookmark: del.icio.us • Digg • reddit
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to