IRS PUBLICATION 908
A document that gives information on how federal income tax should be treated in the event of bankruptcy. Published by the Internal Revenue Service (IRS), it does not cover bankruptcy law in general or details discussions of the tax rules for more complex corporate bankruptcy reorganizations or highly technical transactions. For instance, when an individual files for bankruptcy, all his assets will be in a bankruptcy estate that is designated its own Employer Identification Number (EIN). Should an individual file chapter 7 or 11, the bankruptcy estate will now be a separate entry. A separate entity is not intended for companies or partnerships declaring bankruptcy.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
