Stimulus legislation provides tax relief for certain debt restructurings

One of the most significant tax provisions contained in the recently enacted American Recovery and Reinvestment Act of 2009 (“ARRA”) might prove helpful to certain taxpayers looking to restructure their balance sheets.

Filed under:
USA, Insolvency & Restructuring, Tax, Kilpatrick Townsend & Stockton LLP, Bankruptcy, Debtor, Tax credit, Debt, Balance sheet, C corporation, Student loan, Bankruptcy discharge, Title 11 of the US Code, American Recovery and Reinvestment Act 2009 (USA)
Authors:
Lynn E. Fowler
Location:
USA
Firm:
Kilpatrick Townsend & Stockton LLP