Latest Breaking News On - Success based fees - Page 1 : comparemela.com

In Private Letter Ruling 202308010 (PLR 20230810), the Internal Revenue Service (IRS) determined that a contingent sell-side advisory fee (the Fee) was incurred by the private equity fund majority seller.

Revenue serviceLarge business internationalPrivate letter rulingRevenue procedureTreasury regulation sectionRegulations sectionSelling shareholdersLarge businessSuccess based feesCovered transactionIrs denies deductibility of sell side advisory feesCorporate commercial lawCorporate and company lawM ampa private equity