In a statutory merger, the buyer retains the target's tax attributes.

Name: In a statutory merger, the buyer retains the target's tax attributes.
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In a statutory merger, the buyer assumes all of the target's assets and liabilities, including its tax attributes. This means that the buyer retains any tax benefits, such as net operating losses or tax credits, that the target company had prior to the merger.

In a Statutory Merger, the Buyer Retains the Target's Tax