Description
Understand the requirements of a taxfree spinoff and common pitfalls in taxfree spinoff structuring.A spinoff of assets or stock by a corporation can incur significant corporate and stockholder level tax if not properly structured, and there are numerous and often esoteric requirements for such a spinoff to qualify as a taxfree spinoff for U.S. tax purposes. This topic will help tax advisors and inhouse tax practitioners understand the reasons when to pursue a taxfree spinoff, the requirements of a taxfree spinoff and common pitfalls in taxfree spinoff structuring. This material will also discuss areas that are under current IRS study and alternative structures if a taxfree spinoff is not available. Finally, this information will discuss issues specifically impacting technology and life science companies.
Date: 2021-03-26 Start Time: End Time:
Learning Objectives