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Saturday, 12/16/2023 11:14:08 AM

Saturday, December 16, 2023 11:14:08 AM

Post# of 14102
Just learned that certain types of reorganization rules can overlap. Makes sense to me. As long as IRS guidelines are respected then all is well. I like Type F, G and D reorganization strategy combined to get the job done. . Hula Hula Cuckoo Penny

Type F: Identity Change
The IRS defines Type F reorganization as one corporation changing its identity, form, or place of organization. This reorganization typically applies when companies change business names, the state where they do business, or make changes to its articles of incorporation (corporate charter), and where there is a transfer from the prior company to the new corporation.

Type G: Transfer of Assets
These reorganizations involving transferring all or some assets of a company that must file bankruptcy to a new corporation. Type D rules for distribution are used to distribute the controlling company’s stock and securities to the former company’s shareholders.
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