December 2024

The results enjoyed by Pierce Corp. are no longer available today because in 1986 the statute was amended, and liquidating distributions became taxable under Sec. 336. However, a difference in the character of the income or deduction realized can be material for sellers that are individuals or flowthrough entities. However, capital leases, which are treated […]

By keeping these factors in mind when evaluating banks, consumers and investors can make informed decisions based on objective, third-party data. VERIBANC, Inc.’s two-part color code and star classification system rates financial institutions from two perspectives — present standing and future outlook. It takes into account many financial ratios and measures, including all six factors