8 Pages Posted: 29 Jun 2010
Date Written: June 21, 2010
Significant uncertainty exists under current law regarding the tax treatment of cancellation of indebtedness income realized by tax-exempt entities. This article examines current law and proposes viable solutions for eliminating uncertainty.
Suggested Citation: Suggested Citation
Cauble, Emily, Cancellation of Indebtedness Income and Tax-Exempt Entities (June 21, 2010). Tax Notes, No. 127, p. 1381, 2010; U Illinois Law & Economics Research Paper No. LE10-012. Available at SSRN: https://ssrn.com/abstract=1631943