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Bankruptcy and Insolvency taxation

This book is designed to provide a broad range of guidance on the tax aspects of decisions that must be made by companies in financial trouble. It will be useful to financial advisors, accountants, lawyers, trustees, turnaround professionals, examiners, creditors, bankruptcy judges, and debtors-in-possession.
The tax provisions of the Internal Revenue Code (I.R.C.) and the Bankruptcy Code applicable to businesses that have filed a chapter 7 or a chapter 11 bankruptcy petition are discussed in detail.

Description

Also explained are the provisions of the debtor and its creditors. Special attention is given to the I.R.C. sections contained in the Tax Reform Act of 1980 and revisions of these sections by subsequent legislation, including the Tax Reform Act of 1984 and 1986, the Revenue Act of 1987, the Technical and Miscellaneous Revenue Act of 1988, the Revenue Reconciliation Act of 1990, the Omnibus Budget Reconciliation Act of 1993, Taxpayer Relief Act of 1977, the Job Creation and Worker Assistance Act of 2002, and other public laws related to taxes as well as other areas involving tax law changes.