Goodrich to Sell Tax Credits to IBM for 60 Million
Akron based B F Goodrich Co said it will realize 60 million dollars from IBM in a deal involving investment tax credits and tax depreciation allowances on equipment bought this year by Goodrich and its subsidiary Convent Chemical. The arrangement focuses on credits and depreciation tied to the year’s capital purchases and aims to optimize tax positions for both firms.
MENTIONED IN THIS ARTICLE
AKRON
UPI
B.F. Goodrich Co
International Business Machines Corp
Goodrich
Convent Chemical Corp
Cedar Rapids Brief Item From November Edition
A brief Cedar Rapids newspaper item from the November 12 1981 issue notes a local detail in the 8C region. The fragment confirms date and city with limited additional context.
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Cedar Rapids
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