Tax in Distressed Times: Debtor Issues
Monday, January 25, 2021
2:00 PM - 3:00 PM (PST)
Lena Hines Anthony Sexton

COVID has resulted in a significant increase in in-court and out-of-court workout transactions. Learn about some of the challenging issues faced by distressed companies, including unique questions around the application of Section 1.1001-3 and issues regarding the tax treatment of debt issued by disregarded entities, the application of the cancellation of debt income rules to bankrupt and insolvent companies, and the special rules that apply to bankrupt companies under Section 382.