The class is corporate business taxation.Below are some ideas that I wrote down while doing some research. I need 1500 words and at least 8 references. The instructions are attached.Focus on AT&T- Tax and Financial Implications of the Spin-Off: Analyze how the WarnerMedia divestiture impacted AT&T’s taxable income, debt, and overall tax position.- Use of Reverse Morris Trust: Discuss how AT&T used this structure to avoid immediate tax liabilities and its compliance with IRS rules.-Debt Allocation: Examine how the transfer of liabilities to Warner Bros. Discovery reduced AT&T’s financial burden and influenced its tax deductions.-Post-Spin-Off Strategy: Explore AT&T’s financial and operational restructuring following the transaction.
