• Proposed Regulations Revise Rules for Determining the Issue Price of Debt Instruments Issued for Property
  • January 14, 2011 | Authors: Laurence M. Bambino; Roger J. Baneman; Craig J. Gibian; Bernie J. Pistillo; Michael B. Shulman
  • Law Firms: Shearman & Sterling LLP - New York Office ; Shearman & Sterling LLP - London Office ; Shearman & Sterling LLP - New York Office
  • On January 6, 2011, the Treasury Department and the Internal Revenue Service (“IRS”) issued proposed regulations substantially revising the manner in which issue price is determined for debt instruments that are not issued for cash.