Posted: 5 Oct 1999
Pursuant to congressional mandate, the National Bankruptcy Review Commission (NBRC) reported its recommendations for modification of the Bankruptcy Reform Act of 1978, as amended (the "Bankruptcy Code"), to the President, Congress, and Chief Justice of the Supreme Court on October 20, 1997. This Article, the second and final installment analyzing the tax recommendations of the NBRC, focuses on the proposed revisions relating to, among other things, taxation of corporate and partnership debtor estates. In particular, this Article discusses the requirement of reasonable notice to the government, bankruptcy court jurisdiction over tax controversies, bankruptcy administration affecting tax matters, chapter 11 plan requirements, and substantive tax matters.
Suggested Citation: Suggested Citation
Williams, Jack F., National Bankruptcy Review Commission Recommendations: Notice, Jursidiction, and Corporate Debtors. Bankruptcy Developments Journal, Spring 1998, Vol. 14, Issue 2. Available at SSRN: https://ssrn.com/abstract=180188