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Famous Tax Quotes - Forming HoldCo To Acquire Target Is Not Unusual

2019-08-07

Famous Tax Quotes includes quotations from court opinions with language that is colorful or that concisely states an important tax principle.

Continuing our series on Famous Tax Quotes, today's Famous Tax Quote is:

The formation of a holding company to acquire another corporation is not an unusual procedure * * *.

Cromwell Corp. v. Commr., 43 TC 313 (1964)

Tags: Other - Famous Tax Quotes