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ARNES |
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IN ARNES I AND ARNES II, THE GOVERNMENT WAS "whipsawed" and collected no tax when spouses transferred appreciated property to a corporation without any tax consequences. The profiled companies include: ARNES, BPT Telebank, Cesnet, Comstar, Contactel, DataNet, Demos, Elender Informatikai, Elvis-Telecom, EUnet, Eurotel Bratislava, EuroWeb, GTS, Internetia Telekom, Internet Partners, K2. THE ARNES CASES, ALONG WITH TWO OTHER Tax Court cases, present a confusing picture for CPAs as to which spouse is taxed on a divorce-related stock redemption. |
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