CBS Takes a Tax Hit If It Sells Radio – Or Does It?

By on Mar, 17 2016 with Comments 0

Dollar SignExperts we spoke to say CBS has owned its heritage stations so long the company is facing a huge capital gains tax issue when it goes to sell its 117 radio stations.

They tell us in interviews there are several ways around that.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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