IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A Transactions
By EsqSocial Corporation 26/04/24
Our Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions. Contrary to common practice, the IRS recently ruled target companies could not deduct success-based fees in certain situations....
By: Alston & Bird