A Border Adjustment Tax (BAT) is a type of tax that is levied on goods that are imported into a country. The tax is typically based on the value of the good, and it is designed to level the playing field between domestic and foreign producers. The BAT is often used as a way to … Read more
A tax-free spinoff is a type of corporate reorganization in which a parent company distributes shares of a subsidiary company to its shareholders. The shareholders of the parent company then become shareholders of both the parent and subsidiary companies. The distribution of shares is not a taxable event for either the parent or subsidiary companies. … Read more
