Modal title

Capital Transaction Costs in an Uncertain Climate: Recoverability of Bankruptcy Costs and Debt Issuance Costs
TWIST - June 1, 2020
2019 Global Financial Reporting and Valuation Conference

Careers

Alumni

Media

Social

About

Contact

Insights

Chief Tax Officer Survey
Chief Tax Officer Insights
Tax Reimagined
Insights on Global Mobility
Inside Indirect Tax
TWIST-Q
Insights on Trade & Customs
TaxNewsFlash-United States
Tax Relief for Disaster Recovery Efforts

More Tax insights

Tax Reform Insights

Insight

U.S. Tax Reform

The unfolding implementation of the 2017 tax legislation – Information to help you stay abreast of TCJA-related developments

View all insights

Opportunity Zones

Insight

Opportunity Zones

QOFs and QOZs – Unlocking the opportunity

View all insights

Services

Accounting methods and credits
Global reward services
Economic & statistical consulting
Indirect tax
Financial services tax
Global mobility
International tax
M&A tax
State & local tax
Transfer pricing
Trade and Customs

KPMG Tax Services

Explore accounting methods and credits
Credits & Incentives
Fixed assets services
Tax accounting services

Back to Services

Explore global reward services

Back to Services

Explore economic & statistical consulting
Economic & valuation services

Back to Services

Explore indirect tax
Indirect tax technology
Value added tax
Sales & use tax compliance

Back to Services

Trust tax
Information reporting & witholding
International tax for asset management
Passthrough tax

Back to Services

Explore global mobility
Employment tax
Global mobility technology
Mobility consulting
Global Business Travelers

Back to Services

Explore international tax
International tax for asset management
US tax in europe

Back to Services

Explore M&A tax
Tax restructuring
Sell-side tax services
Tax transition services

Back to Services

Explore state & local tax
Income & Franchise tax
Global location & expansion services
Unclaimed property
State tax controversy
State and Local Tax Communications Industry Practice

Back to Services

Explore transfer pricing
Economic & valuation services

Back to Services

Explore trade and customs
Duty Drawback Services
Global Export Controls and Sanctions
Tariff Mitigation Services

Back to Services

KPMG Spark

Service

KPMG Spark

KPMG Spark is the online accounting service for small and midsized businesses providing bookkeeping, tax prep, and facilitating access to payroll services — where and when you need it.

View all services

Tax Innovation

Issue

Tax Reimagined

Change the way you think about tax.

View all services

Featured TaxWatch webcast

Event

Capital Transaction Costs in an Uncertain Climate: Recoverability of Bankruptcy Costs and Debt Issuance Costs

During this Webcast, professionals from KPMG’s M&A Tax and Washington National Tax practices will discuss the risks, opportunities, and leading practices for the tax treatment of costs and attributes during a bankruptcy.

View all webcasts

Featured podcast

Event

TWIST - June 1, 2020

Summary of state tax developments in Idaho, Michigan, Oregon, South Carolina, and a Multistate response to COVID-19.

View all podcasts

Featured in-person event

Event

2019 Global Financial Reporting and Valuation Conference

Learn how to identify which business trends are fads and which need to be embedded into the fabric of your company. Learn how you determine which technologies to invest in or which geopolitical trends will drive the markets. Register today.

View all in-person events

TWIST - August 26, 2019

This podcast for the week of August 26, 2019 covers state and local tax developments in California, New Jersey and Utah.

All of this week’s TWIST episodes

Insight

California: IRC section 338(g) Gain Must be Apportioned Using Target’s Factors

The California Franchise Tax Board recently issued a chief counsel ruling concluding that gain recognized from an IRC § 338(g) election must be reported by the target entity on its final return and apportioned to California using its own apportionment factors.

More
Insight

New Jersey: Division Issues Revised Guidance on Sourcing GILTI and FDII

Recently, the New Jersey Division of Taxation released a new technical bulletin, TB-92 issued August 22, 2019, addressing New Jersey’s treatment of FDII and GILTI.

More
Insight

Utah: Equitable Adjustment Prov. Do Not Apply to Avoid Double Taxation of Foreign Bus. Income

The Utah Supreme Court recently reviewed a constitutional challenge to Utah’s individual income tax structure, as it applied to foreign and interstate business income of S corporation shareholders.

More

To view past weeks of TWIST that you may have missed, please visit our TWIST homepage.

To receive the TWIST e-mail each Monday, make sure that State and Local Tax is checked off as one of your topics of interest on the KPMG Tax subscription site.

Helping tax leaders embrace disruption, seize new opportunities and drive greater value. It’s tax re-imagined. Now and for the future.

Request for Proposal

Find out what KPMG can do for your business.

Submit RFP

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Legal
Privacy
Terms of use
Media

©2020 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The following information is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.