Co. Can't Omit $7.6M In Gains From Merger, Tax Court Says

By Theresa Schliep · June 2, 2021, 6:35 PM EDT

A company owes tax on $7.6 million in capital gains it incurred selling securities it acquired from a merger, the U.S. Tax Court ruled Wednesday, finding that the company can't change...

To view the full article, register now.