www . uophelp . com
ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax contains Due Week 7 and worth 250 points Suppose you are a CPA , and you have a corporate client that has been operating for several years . The company is considering expansion through reorganizations . The company currently has two ( 2 ) subsidiaries acquired through Type B reorganizations . The client has asked you for tax advice on the benefit of a Type A , C , or D reorganization over a Type B reorganization . Additional facts regarding the issues are reflected below . The company currently files a consolidated income tax return with the two ( 2 ) subsidiaries acquired through a Type B reorganization . ABC Corporation , a subsidiary targeted by the client for takeover , has substantial net operating losses . XYZ Corporation and BB Corporation will be acquired as subsidiaries in the next six ( 6 ) months . Use the Internet and Strayer databases to research the rules and income tax laws regarding Types A , B , C , and D reorganizations and consolidated tax returns . Be sure to use the six ( 6 ) step tax research process in Chapter 1 and demonstrated in Appendix A of your textbook as a guide for your written response . Write a four to six ( 4-6 ) page paper in which you : Compare the long-term tax benefits and advantages of each type of reorganization , and recommend the type of reorganization that will be most beneficial to the client . Suggest the type of reorganization the client should use for the ABC Corporation based on your research . Justify the response . Propose a taxable acquisition structure for the client ’ s planned acquisitions over a nontaxable reorganization . Assess the value of a taxable transaction over a nontaxable reorganization for the client . Examine the value and limitations of including the ABC Corporation if acquired as a wholly owned subsidiary in the consolidated return ,