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Posted

I assume that the MPPAA reorganization rules still apply after PPA. Is there any guidance that talks about the intersection of the reorganization rules and the PPA rehab rules?

Posted

Yes they still apply, yes they can be a real problem, no there isn't any new guidance related to re-org.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

Guest Smash
Posted

There was an effort to repeal as part of the relief, but it never made it through. There are no regs on the 418 rules, and they can get nasty, wiping out any benefit of relief.

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