Recording available after original program date, 7/28/2023.
Choice of entity is not a one-time decision. Business entities may choose to change their legal form for many reasons – changing tax laws, new investors that require a different form of entity, or market or regulatory conditions making a different form of entity the better choice. But whenever an entity is converted from one form to another, significant tax liability and corporate or partnership law issues arise. One important consideration is how to modify the company’s underlying agreements to ensure basic economic arrangements among the owners remain intact. This program will provide a real-world guide to entity conversions.
• Conversions among C Corps, S Corps, partnerships and LLCs
• Strategies for minimizing tax on conversions
• Business and organizational law considerations when converting an entity
• Drafting issues in restating underlying company agreements
• Practical and tax traps when engaging in an entity conversion
Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for ethics, elimination of bias or Kansas credit.
|Available after Purchase