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Taxation & Estate Planning

: TaxProf Blog

WSJ: GM's Special $45 Billion NOL Provides Lucrative Tax Shelter

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Wall Street Journal, GM Could Be Free of Taxes for Years: General Motors Co. will drive away from its U.S.-government-financed restructuring with a final gift in its trunk: a tax break that could be worth as much as $45 billion. ... [A]ccording to documents filed with federal regulators, the revamping...

Full post as published by TaxProf Blog on November 03, 2010 (boomark / email).

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