Home > Journals > Michigan Law Review > MLR > Volume 63 > Issue 3 (1965)
Abstract
By 1964, many years had elapsed since significant changes were made in the federal income tax treatment of so-called "personal holding companies." For that reason alone, any amendments contained in the Revenue Act of 1964 that dealt with personal holding companies would have deserved attention. But the fact is that the changes made by the 1964 Act are so powerful in their thrust that they require the most careful kind of study by every practitioner charged with advising closely held corporations. Since the new provisions are rather complicated in nature, such a study cannot lead to a full understanding of their scope and effect without a proper appreciation of the reasons behind their enactment.
Recommended Citation
Jerome B. Libin,
Personal Holding Companies and the Revenue Act of 1964,
63
Mich. L. Rev.
421
(1965).
Available at:
https://repository.law.umich.edu/mlr/vol63/iss3/2
Included in
Business Organizations Law Commons, Legislation Commons, Oil, Gas, and Mineral Law Commons, Taxation-Federal Commons, Tax Law Commons