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Famous Tax Quote #23 - Motives Immaterial in a Code § 368(a)(1)(D) Reorganization

2010-05-16

Continuing our series on Famous Tax Quotes, (quotes from court opinions with language that is colorful or that concisely states an important tax principle), today's tax quote is:

The motives of the stockholders are immaterial if there has been, in fact, a reorganization.

Lesser v. Commissioner, 26 T. C. 306 (1956)

Tags: 368 Corporate Reorgs, Other - Famous Tax Quotes