© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Yahoo’s Tax Free Plans for Alibaba Stake
Posted 21st May 2015

Yahoo’s Tax Free Plans for Alibaba Stake

Shares in the new company would be distributed among shareholders and the transaction could save as much as $16 billion

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Yahoo’s Tax Free Plans for Alibaba Stake
Image

Yahoo’s Tax Free Plans for Alibaba Stake

Shares in the new company would be distributed among shareholders and the transaction could save as much as $16 billion

Investors of Yahoo may have casue to worry about the plans the company has to withdrawm it’s stake in Alibaba Group Holding Ltd. in the realisation of new scrutiny by the Internal Revenue Service in regards to tax-free spinoffs, tax lawyers have said.

January saw Yahoo announce a plan to remove it’s share in Alibaba, a stake valued at the time at $40 billion. Typically a U.S. company would see about 35% federal tax bill when it sells stock in another company for cash.

The deal is being structured as a complex spinoff, putting Yahoo’s Alibaba stake into a new company that will own an online service for setting up and running small enterprises. The shares in the new company would be distriubuted amongst it’s existing sharehodlers, which the company hopes will ensure tax-free treatment for the deal. Overall the transaction could save up to $16 billion.

 

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Securing Repeatable Project Success
Leadership
11/01/2021Securing Repeatable Project Success

Managing a project proactively and effectively is very often the key to ensuring a successful outcome. So much emphasis can be placed on results, that the process of managing the project throughout can sometimes be lost. However, one firm has taken it upon its

Read Full PostRead - Eye Icon
Most Instrumental Insurance Businesswoman 2023 (South Africa): Bridget Mokwena-Halala
Leadership
26/07/2023Most Instrumental Insurance Businesswoman 2023 (South Africa): Bridget Mokwena-Halala

Since 1913, Assupol Life has been consistently delivering insurance services with a quality that has persisted throughout its whopping 110 years of operation. It adheres to a ‘serving those who serve’ ethos and has never once faltered in delivering brillia

Read Full PostRead - Eye Icon
What Do Criminal Lawyers Do, Exactly?
Legal
30/09/2022What Do Criminal Lawyers Do, Exactly?

It’s easy to think that because you’ve seen A Few Good Men or watched a few episodes of Suits, you know what lawyers get up to from day to day.

Read Full PostRead - Eye Icon
Moving Class Outside: Adjusting Academics
News
13/08/2021Moving Class Outside: Adjusting Academics

When you think of the typical classroom, you’re probably picturing brick walls, rows of desks, a chalkboard and a few decorations that match the subject being taught. Over this past year, though, the traditional classroom has been flipped. The pandemic sent

Read Full PostRead - Eye Icon
The Future of Work Dichotomy in a Digital World
Innovation
01/02/2023The Future of Work Dichotomy in a Digital World

Any business leader hoping to return to ‘traditional’ ways of working is on a fast-track to failure. That horse has bolted. Not only have employees re-evaluated the concept of work, but they have the experience that proves digital technologies enable a fun

Read Full PostRead - Eye Icon
New York Lawyer Makes Case for Social Justice
News
25/02/2020New York Lawyer Makes Case for Social Justice

During stressful times of going through complicated legal processes, it is imperative that a key attorney is found who can cut through the noise and achieve the results that clients deserve. In New York, The Law Office of Joseph M. Lichtenstein, P.C represent

Read Full PostRead - Eye Icon
Ones to Watch for 2016: The Leading Tax Experts
Finance
05/05/2016Ones to Watch for 2016: The Leading Tax Experts

ARN HOXTON is a boutique accounting firm based in the city of London, primarily offering services to small and medium sized businesses.

Read Full PostRead - Eye Icon
3 Things To Know When Financing Your Small Business
Finance
01/09/20213 Things To Know When Financing Your Small Business

Every small business gets to the point where it needs more money either to go on with its operations or to be able to make the most of an important opportunity to grow. Here are a few things you need to know when financing your small business.

Read Full PostRead - Eye Icon
Analyzing Multi-Vehicle Accidents: Challenges And Strategies For Fair Settlements
Legal
28/07/2023Analyzing Multi-Vehicle Accidents: Challenges And Strategies For Fair Settlements

As roads become busier, the incidence of multi-vehicle accidents, or 'pile-ups,' has increased. These accidents, involving three or more vehicles, create unique complexities in the arenas of law and insurance.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow