3360 Taxable Acquisitions
Price: $ 119.00 (USD)
Add to Cart
You will receive 1.25 credits (CE) upon completion of this course.
Have a question about this course? .
Course Description
A panel of experts that includes experienced tax attorneys and a deputy assistant secretary of the U.S. Treasury Department discuss the unexpected and complex issues that arise in the most common type of M&A transaction: taxable acquisitions. Using examples, panelists discuss the allocation of purchase price (Sections 338, 338(h)(10) and 1060) in various situations including deemed asset sales, insolvent targets, and bargain purchases, as well as the treatment of contingent payments and contingent liabilities. Accompanying course materials include several hundred pages of detailed outlines on these topics.
Back to Top
Course Outline
Taxable Acquisitions
I. Introduction
II. IRS Guidance
A. Transactions and Consistency Rules
B. Treatment of Costs
C. If Acquirer Pays Boot
D. Capitalize Costs
III. Basic Taxable Acquisitions
A. Overview of Taxable Acquisitions
B. Section 1060 Regulations
C. Changes to § 1060 Regulations (1)
D. Changes to § 1060 Regulations (2)
E. Applicable Asset Acquisition
IV. Section 338
A. Section 338 Overview
B. Section 338 Transactions
C. When Does § 338 Apply?
D. Accounting Rules
E. Allocation Rules and Qualification
F. Deemed Asset Sale and Liquidation
G. Section 338 Purchase (1)
H. Section 338 Purchase (2)
I. Insolvent Target
J. Insolvent Target Subsidiary
V. Other Topics
K. Revised Rule 2003-125
L. Bargain Purchase
VI. Contingent Liabilities
A. Three Accounting Methods
B. Specific Contingent Liabilities
C. Two Possible Treatments
D. Seller’s Accounting
E. Buyer’s Accounting
F. Inadequate Basis for Buyer
G. Buyer Expenditure or Assumed Liability?
H. No One-Rule-Fits-All
AfterWordsSM
Back to Top
I. Introduction
II. IRS Guidance
A. Transactions and Consistency Rules
B. Treatment of Costs
C. If Acquirer Pays Boot
D. Capitalize Costs
III. Basic Taxable Acquisitions
A. Overview of Taxable Acquisitions
B. Section 1060 Regulations
C. Changes to § 1060 Regulations (1)
D. Changes to § 1060 Regulations (2)
E. Applicable Asset Acquisition
IV. Section 338
A. Section 338 Overview
B. Section 338 Transactions
C. When Does § 338 Apply?
D. Accounting Rules
E. Allocation Rules and Qualification
F. Deemed Asset Sale and Liquidation
G. Section 338 Purchase (1)
H. Section 338 Purchase (2)
I. Insolvent Target
J. Insolvent Target Subsidiary
V. Other Topics
K. Revised Rule 2003-125
L. Bargain Purchase
VI. Contingent Liabilities
A. Three Accounting Methods
B. Specific Contingent Liabilities
C. Two Possible Treatments
D. Seller’s Accounting
E. Buyer’s Accounting
F. Inadequate Basis for Buyer
G. Buyer Expenditure or Assumed Liability?
H. No One-Rule-Fits-All
AfterWordsSM
More Information
| Language | English |
| Course Length | 1.32 hours |
| Duration of Access | for 3 months from day of enrollment |
| Continuing Education Credits | 1.25 |
| Instructor | Michael L. Schler, Mark J. Silverman, Eric Solomon, Robert H. Wellen, Eric M. Zolt |
| Vendor | Cognistar (Read more about Cognistar accreditation.) |
| Course Certification | CLE credit available, see details for each course for states where available |
| Prerequisites/Audience | intended for attorneys and law students |
| Requirements/Materials Included | computer with Internet access |
Price: $ 119.00 (USD)
Add to Cart