Loading document…
From: Richard Kahn < Sent: Friday, October 25, 2013 1:59 PM To: Jeffrey Epstein Subject: Cancellation of Debt Income Attachments: debtrestructuring.pdf; Untitled attachment 00109.htm Based on our conversation yesterday i have attached article regarding debt restructing for insolvent companies and forgiveness of debt income per section 108 i believe there is an exclusion for which only applies to the extent of insolvency Insolvency Calculation: Total Liabilities immediately before discharge less FMV of total asses before dischage = Extent to which taxpayer is insolvent do we know if us news is owned as a c corp, s corp or partnership? See page 1 & 2 of PDF 1 EFTA_R1_01946290 EFTA02672592
Suggest a category
Misclassified? Pick a better fit.