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Restructuring Tax Services
Bringing clarity to uncertain situations
In times of economic uncertainty, debt restructuring is oftentimes a necessary and even beneficial option that can preserve and enhance a company’s value. However, the unique scenarios brought on through refinancing or modifying debt obligations have significant and sometimes unique tax consequences.
RSM’s mergers and acquisitions tax professionals help you give careful consideration to debt restructuring or bankruptcy filing and can guide you through what can be a difficult process. We understand the complexities of working through a bankruptcy or debt restructuring and can help you achieve the most tax-advantageous outcome for your situation.
Our professionals can also help with other types of corporate transactions including the determination of the taxability of corporate dividends.
Proposed regulations would accelerate credit card fee income and similar items, but would not affect most interest income items.
Changes to the built-in gain rules under section 382 would drastically reduce the availability of NOLs following an ownership change.
A favorable ruling on a "fit and focus" spin-off reiterates that only a minimal amount of employee overlap is permissible.
Fluctuation in value of stock did not impact exception to gain recognition, but no ruling on overall tax-free nature of reorganization.