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News EssentialsIRS Resources | Issue Number: RP-2013-32Inside This IssueRevenue Procedure 2013-32 changes IRS letter ruling policy concerning spin-offs, reorganizations and other corporate nonrecognition transactions. The IRS will no longer rule on whether such transactions generally qualify for tax-free treatment, but will instead rule only on significant issues presented therein. Revenue Procedure 2013-32 will appear in IRB 2013-28 dated July 8, 2013. Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. |