Insights & Publications
Diversity & Inclusion
© 2022 Debevoise & Plimpton LLP
IRS Issues Guidance on ‘North-South’ Transactions
5 May 2017
View Client Update
The IRS recently issued Revenue Ruling 2017-09 covering the treatment of so-called “North-South” transactions.
The Ruling sheds some light on when the IRS will respect the independence of transaction steps in a spin-off or reorganization, but the facts of the Ruling will not cover many transactions.
The IRS will once again provide rulings to taxpayers on North-South issues, changing a four-year “no rule” policy.
Corporate Divestitures & Acquisitions
Mergers & Acquisitions
Private Equity Firms and Funds
Gary M. Friedman
Peter A. Furci
Peter F.G. Schuur
UK Modern Slavery Act Transparency Statement
Debevoise Login (2)
Debevoise Women's Review