Tax Readiness: Recession of not, how troubled businesses will be affected by Section 382 proposed regulations - Part 2

In this tax readiness podcast, Julie Allen (PwC’s National Tax Services Leader and the Washington National Tax M and A Business Unit Leader), Steven Fleming (PwC’s Business Recovery Services Leader), Olivia Orobona (Director in PwC’s Mergers and Acquisitions practice), and Matt Arndt (Director in PwC’s Mergers and Acquisitions practice) discuss the impact of cancellation of debt income on the Section 382 limitation, as well as some of the partnership-related issues raised by the proposed regulations.