Jane Zhao
Subscribe to Jane Zhao's PostsJane Zhao focuses her practice on private client matters. She is a Certified Public Accountant. Read Jane Zhao's full biography.
Dealing with Allocations of Tax Liabilities in Non-IRS Agreements
By Jane Zhao and McDermott Will & Emery on May 23, 2017
Posted In Trial Courts, Uncategorized
Taxpayers often enter into tax sharing agreements to agree on how the parties may allocate current or future tax liabilities or potential refund. Sometimes these agreements are heavily negotiated (e.g., a corporation acquiring a subsidiary of an unrelated party); sometime they are not (e.g., marital settlement agreements among individuals with little assets). A recent US...
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