Mandatory Redeemable Preferred - Equity Not Debt, According to IRS
Recent Buzzes - VC Experts, Inc.
SEPTEMBER 22, 2010
Joyce, Partner, email@example.com. By Thomas F. Joyce and Theodore L. Press of K&L Gates LLP Original Title: IRS Issues Private Letter Ruling on Debt/Equity Treatment Under Liberalized Ruling Procedures Introduction. The classification of a financial instrument as debt or equity is a fundamental, recurring question under the Internal Revenue Code of 1986, as amended (the "Code").?On