7TH CIRCUIT RULES ANTI-TAKEOVER COSTS ARE DEDUCTIBLE A.E. Staley Manufacturing v. Commissioner of Internal Revenue | Secondary Sources | Westlaw

7TH CIRCUIT RULES ANTI-TAKEOVER COSTS ARE DEDUCTIBLE A.E. Staley Manufacturing v. Commissioner of Internal Revenue | Secondary Sources | Westlaw

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7TH CIRCUIT RULES ANTI-TAKEOVER COSTS ARE DEDUCTIBLE A.E. Staley Manufacturing v. Commissioner of Internal Revenue

1997 ANCODLLR 21606Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

7TH CIRCUIT RULES ANTI-TAKEOVER COSTS ARE DEDUCTIBLE A.E. Staley Manufacturing v. Commissioner of Internal Revenue

1997 ANCODLLR 21606Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

1997 Andrews Corp. Off. & Directors Liab. Litig. Rep. 21606
Andrews Corporate Officers and Directors Liability Litigation Reporter
August 28, 1997
Tax Deductions
Copyright (c) 1997 Andrews Publications

7TH CIRCUIT RULES ANTI-TAKEOVER COSTS ARE DEDUCTIBLE

A.E. Staley Manufacturing v. Commissioner of Internal Revenue

A Seventh Circuit panel has overturned a U.S. Tax Court decision by ruling that the expenses a company paid to investment bankers for researching alternatives to a hostile takeover were tax deductible. A.E. Staley Manufacturing Co. and Subsidiaries...
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