This will follow the SEC review of the Registration Statement on Form 10 that relates to the spin-off is complete and the company finalizes the refinancing of its debt. Ceridian has confirmed that it has received a private letter ruling from the Internal Revenue Service in the USA indicating that the pending reverse spin-off of its Arbitron business into a separate, publicly traded company called Arbitron Inc. will be tax free to Ceridian and its stockholders.