Subjects:

Other Jurisdictions , USA

Contents:

Preface.

Chapter One: Nature of Bankruptcy & Insolvency Proceedings.

Chapter Two: Discharge of Indebtedness.

Chapter Three: Partnerships and S Corporations: Tax Impact of Workouts and Bankruptcies.

Chapter Four: Taxation of Bankruptcy Estates and Debtors.

Chapter Five: Corporate Reorganizations.

Chapter Six: Use of Net Operating Losses.

Chapter Seven: Other Corporate Issues.

Chapter Eight: State and Local Taxes.

Chapter Nine: Tax Consequences to Creditors of Loss from Debt Forgiveness.

Chapter Ten: Tax Procedures and Litigation.

Chapter Eleven: Tax Priorities and Discharge.

Appendix A: Internal Revenue Code: Selected Sections.

Appendix B: Senate Report No. 96-1035 on H.R. 5043 Bankruptcy Tax Act of 1980.

Appendix C: Senate Proposed Amendments to H.R. 5043 (Bankruptcy Tax Act of 1980) Adopted by Both Senate and House.

Appendix D: Representative Ullman’

s Statement Regarding Bankruptcy Tax Legislation.

Appendix E: Selected Provisions from the General Explanation of the Tax Reform Act of 1986 (H.R. 3838, 99th Congress

Public Law 99-514).

Appendix F: Selected Provisions from the Explanation of the Technical and Miscellaneous Revenue Act of 1988.

Appendix G Tax Consequences of Plan Revco.

Statutes Citations.

Treasury Regulations, Revenue Procedures, and Revenue Rulings Citations.

Case Index.

Subject Index.

The thousands of mergers, acquisitions, and start-ups that have characterized the past ten years of business have created an increasing number of corporations in financial trouble: specifically, a shortage of venture capital or quick cash. Consequently, bankruptcy protection is now viewed as a strategic move to protect corporations from their creditors and allow them to reorganize.

Bankruptcy and Insolvency Taxation, Third Edition provides the answers to the questions financial managers will have on the tax aspects of the "bankruptcy strategy."

The 2007 Cumulative Supplement was published in July 2007