THE APPLICATION OF INDOPCO TO BANK EXPANSIONS

The Supreme Court's decision in the 1992 INDOPCO case may alter the fe deral income tax consequences to banks involved in expansion and restr ucturing activities. The authors analyze the implications of INDOPCO f or bank taxpayers and provide a guide to the evolution of the income t ax law, in the area of expansion and restructuring activities, as it h as applied to the banking industry.