Another Planning Option for C Corporations
dc.contributor.author | Harl, Neil | |
dc.contributor.department | Iowa State University Digital Repository | |
dc.date | 2018-02-19T06:30:18.000 | |
dc.date.accessioned | 2020-06-29T22:57:39Z | |
dc.date.available | 2020-06-29T22:57:39Z | |
dc.date.embargo | 2017-12-19 | |
dc.date.issued | 2014-01-17 | |
dc.description.abstract | <p>In late 2012, we examined three possible options for dealing with a C corporation that had outlived its usefulness.1 That article discussed the possibilities of corporate liquidation,2 a type D, divisive corporate reorganization3 and an entity sale of the C corporation. Each of those options has drawbacks – a corporate liquidation, under current corporate tax law, triggers a relatively heavy tax liability, especially at the corporate level, with all gains essentially treated as ordinary income; a corporate reorganization sidesteps that problem but still leaves the shareholders in a corporation, albeit it is usually their own corporation; and an entity sale typically endures a discounted selling price and could fall under the “applicable asset acquisition” rule that requires that the sale be deemed a sale of individual assets, not a sale of the entity. Another possible option is a corporate stock redemption for the interest of a deceased shareholder or any other shareholder. That option is discussed in this article.</p> | |
dc.identifier | archive/lib.dr.iastate.edu/aglawdigest/vol25/iss2/1/ | |
dc.identifier.articleid | 2211 | |
dc.identifier.contextkey | 11274132 | |
dc.identifier.s3bucket | isulib-bepress-aws-west | |
dc.identifier.submissionpath | aglawdigest/vol25/iss2/1 | |
dc.identifier.uri | https://dr.lib.iastate.edu/handle/20.500.12876/3727 | |
dc.source.bitstream | archive/lib.dr.iastate.edu/aglawdigest/vol25/iss2/1/AgLawDigest_v25n02_01.pdf|||Fri Jan 14 17:51:05 UTC 2022 | |
dc.subject.disciplines | Agricultural and Resource Economics | |
dc.subject.disciplines | Agricultural Economics | |
dc.subject.disciplines | Agriculture Law | |
dc.subject.disciplines | Public Economics | |
dc.title | Another Planning Option for C Corporations | |
dc.type | article | |
dc.type.genre | article | |
dspace.entity.type | Publication | |
relation.isJournalIssueOfPublication | 8bc8f983-01c2-4a77-ba4d-91c629ce1781 | |
relation.isOrgUnitOfPublication | d2bcee6c-7cba-4fa7-bd11-543354ce7b1b |
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