Tax Accounting in Mergers and Acquisitions.

• Author: Fink, Philip R.
• Position: Brief article - Book review

Tax Accounting in Mergers and Acquisitions, by Glenn R. Carrington (CCH, 2008), considers the tax accounting implications of structuring and restructuring transactions. The book discusses the roles governing a taxpayer's ability to carry over and preserve methods of accounting. It also examines how a taxpayer can obtain audit protection for an accounting method change. It covers how to determine the effect of a transaction on any unamortized adjustments required under Sec. 481(a) and how to use the chosen structure to achieve appropriate tax accounting...