Decoding Combination: What Is a Unitary Business - McDermott Will & Emery

Decoding Combination: What Is a Unitary Business

Overview


Catherine Battin, Maria Eberle and Lindsay LaCava wrote this bylined article that discussed the rules courts use for finding a unitary business and offered strategies for taxpayers if they want to establish a unitary business for tax purposes. The authors explained that “the unitary business principle … is complex in situations in which the relatively simple vertically integrated business has been replaced by diverse portfolios of investments that include companies engaged in very different lines of business.”