What is the basic determinant of tax status in a merger


Problem

Describe the advantages and disadvantages of a taxable merger as opposed to tax-free exchange. What is the basic determinant of tax status in a merger? Would an LBO be taxable or non-taxable? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Econometrics: What is the basic determinant of tax status in a merger
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