Overview
Steptoe’s Lisa Zarlenga, Cameron Arterton and John Cobb authored an article in Bloomberg BNA’s Daily Tax Report titled “New Spinoff Standards Proposed in IRS Regulations On Device and Active Trade or Business Under Section 355.” The article, published August 18, examines the IRS’s proposed reorganization rules under Section 355 that would modify current device regulations and add a new minimum size for the active trade or business requirement.
