Cancellation of Indebtedness Income and Tax-Exempt Entities
DePaul University - College of Law
June 21, 2010
Tax Notes, No. 127, p. 1381, 2010
U Illinois Law & Economics Research Paper No. LE10-012
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.
Number of Pages in PDF File: 8
Date posted: June 29, 2010