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What the income tax impacts are for the issues

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Reference no: EM132661154

Problem 1: Company A is considering buying the assets of Company B in a taxable transaction. Please consider what the income tax impacts are for the following issues:

  1. Treatment of acquired assets by Company A.
  2. Tax treatment of sale to Company B. 
  3. Tax Treatment of sale to shareholders of Company B. 
  4. Transfer of net operating loss carryforwards and tax credits of Company B to Company A.

Reference no: EM132661154

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