Don Korb Quoted in International Tax ReviewFebruary 11, 2013
Mr. Korb was quoted in the article, “How to deal with debt-equity in the U.S.,” published in the February issue of International Tax Review. The article examined the stance of the IRS toward the treatment of debt versus equity, focusing primarily on cross border transactions by multinational corporations. The article also discussed what taxpayers should be thinking about if they are audited by the IRS and how the IRS attempts to recharacterize a debt instrument as equity. “It is important to begin with the end in mind, by selecting a law firm with the ability to take the case all the way through the process,” Mr. Korb noted.