The staff (CLC) team assigned to work with Dave was notified in a weekly meeting by the tax partner-in-charge that Dave is in negotiations with the owners of Rough Timber Corporation (RTC) to acquire that business. RTC owns approximately 2,000,000 acres of timber throughout the U.S. and leases another 5,000,000 in the U.S. and Canada. Dave wants to know the best approach to minimize the tax liability for the acquisition for him and the other owners. The other owners are his brother and sister. He wants to make this a tax-free acquisition of their C Corporation if possible. If not, then he needs recommendations on the best way to minimize the tax liability.The staff team (CLC team) is now assigned the task of developing a recommendation summary of these issues and which is the best organizational structure to recommend for Dave and his companies.Please I prefer at least two pages and a third reference page. The reference should correspond with what is cited in the solution please.This assignment is due on July, 04 2015 I prefer to get it earlier than that.The last instructor I had was the best….
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