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The University of Akron

Akron Tax Journal

Journal

1992

Hostile takeover

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Full-Text Articles in Law

Tax Treatment Of Takeover Costs: Supreme Court Responds To Controversy!, Ray A. Knight, Lee G. Knight Jan 1992

Tax Treatment Of Takeover Costs: Supreme Court Responds To Controversy!, Ray A. Knight, Lee G. Knight

Akron Tax Journal

This article reviews the position of the IRS along with the reasoning of the courts - including the Supreme Court's 1992 Indopco, Inc. v. Commissioner decision - concerning the tax treatment of costs incurred in a takeover.