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Testing Requirements for Spinoff Plan


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Guest MikeAIGFA
Posted

One of our clients was spun off and acquired by a new parent company on 9/1/2007. Of course they were owned by the prior parent company for the majority of the year (1/1/2007 - 9/1/2007) but are now a new entity.

What are the testing reqruirements/responsibities under these circumstances?

Thank you in advance.

Mike

Posted

See IRC §410(b)(6)© and Treas Reg §1.410(b)-2(f).

John Simmons

johnsimmonslaw@gmail.com

Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.

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