By: Brian Kim Generally, a buyer in a stock sale does not obtain a step-up (or down) in the basis of the acquired corporation’s assets, unlike in an asset sale. However, if the acquired corporation in a stock sale is an S...Read More
Category: Brian Kim
by taxblog | Oct 17, 2016
By J. Troy Terakedis & Brian K. Kim A taxpayer who is considering the sale of certain stock may have the opportunity to exclude or defer part or all of the gain on such sale. To be eligible for the exclusion or deferral,...Read More
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