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May 08, 2014

"No Taxes If Sterling Is Forced to Sell"

Two points about this:

1. Notice the fine legal draftsmanship: "Sterling could purchase other types of assets and argue that they are “similar or related in service or use” to him. Since the statute doesn’t actually define 'similar' or 'related,' . . ."
 
2. I would think this increases the chances he'll fight the sale. Wouldn't that be excellent evidence that the sale is "involuntary"?

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