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Taxation Issues Related to Debt Restructuring, Modifications and Bankruptcies
BenefitsThe current market climate has created opportunities for investors or debtors themselves to acquire outstanding debt at remarkable discounts. Unfortunately, it also has left many companies struggling and in need to modify their outstanding debt. Many large, well know companies have dissolved or declared bankruptcy. Debt modifications, repurchases and bankruptcy can have a profound tax
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Taxation Issues Related to Debt Restructuring, Modifications and Bankruptcies
