Insights
Client Alert
IRS Issues New Regulations On Confidential Transactions
January 08, 2004
Tax Advisory Practice
In July 2003, our Tax Practice Group issued a client alert discussing the application of tax reporting and acquisition transactions that include confidentiality provisions. The Internal Revenue Service recently issued new regulations which significantly reduce the circumstances in which a transaction, including a common M&A transaction, would become a reportable transaction solely as a result of the confidentiality provisions.