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Accounting Developments  


Author:  Staff Editors.


Source: Volume 19, Number 02, November/December 2005 , pp.49-64(16)




Journal of Taxation and Regulation of Financial Institutions

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Abstract: 

A review of recent IRS rulings on accounting issues affecting financial institutions and transactions: Service’s Valuation of Receivables in Heilig-Meyers Bankruptcy Accepted by District Court; Debt Issuance Costs Not Considered in Determining Exercise Date of Call Option on Debt; Sale of “Principal” Certificates Does Not Produce Tax Loss; Debt v. Equity Considered in Recent Non-Binding Issuances

Keywords: Heilig-Meyers Co. v. U.S.; PLR 200525001; TAM 200512020; CCA200235004

Affiliations:  .

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