Discharge of Indebtedness-- A Source of Surprises: Part II

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2015-05-08
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Harl, Neil
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Abstract

In a previous issue, we covered “Discharge of Indebtedness-- A Source of Surprises: Part I.” In this issue, the focus is on discharge of farm indebtedness (and how it differs from the general rules on discharge of indebtedness) and on purchase price adjustment. Both play a vital role in handling problems of indebtedness.

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