Examples of Qualified Merger in a sentence
Qualified merger — corporation and cooperative association.A corporation and a cooperative association organized under chapter 499 may merge as provided in section 499.69A.
Qualified merger If the target has a lot of properties with built-in gains, it is common to seek a qualified merger to defer recognising capital gains.
On the other hand, the use of NOL is not restricted in a Qualified merger under a Joint Business Reorganisation.
Qualified merger: taxation at shareholder level If the merger qualifies as a qualified merger, the target shareholders do not need to recognise deemed dividends (Article 24(1)(i), CTA).
Qualified merger: taxation at corporate level In a merger that satisfies certain requirements set out below (qualified merger), the target is deemed to transfer all of its assets and liabilities to the acquirer at book value and, simultaneously, the acquirer receives them at book value, which results in a deferral of the recognition of capital gains or losses (Article 62-2, CTA).