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About the Teleseminar
Ensuring that a business combination has a non-taxable outcome is one of the principal goals of most mergers and acquisitions. In the context of corporate combinations, this requires compliance with a series of complex transactional formats defined under federal and state tax law. When the combination involves corporations and non-corporations – such as when an LLC or partnership is merged into an S Corp – there are no statutorily defined formats. Creative planning to minimize adverse tax consequences is essential. There is also the almost always overlooked role application of state and local sales and transfer taxes to business combinations, which can have an outsize impact on the economics of a deal. This program will provide you with a practical framework of structuring alternatives for tax free business combinations and a guide to common traps.
- Planning techniques for tax-deferred business combinations and acquisitions
- Issues for C Corps, S Corps, LLCs, and partnerships
- Determining whether asset sales or ownership interest sales make most sense
- “Inter-species” combinations – creative planning (and tax traps) for combining different types of entities
- Special issues in combinations involving S Corps and closely held companies
- Substantial role (and adverse financial consequences) of state-based sales and transfer taxes
About the Speaker
Allen Sparkman is a partner in the Denver offices of Sparkman Foote, LLP and of counsel in the Houston office of the Bond Law Firm, PLLC. He has practiced law for over thirty years in the areas of estate, tax, business, insurance, asset protection, and charitable giving. He has written and lectured extensively on choice-of-entity, charitable giving and estate planning topics. He is the Colorado reporter for the books "State Limited Partnership Laws" and "State Limited Liability Company Laws," both published by Aspen Law & Business. He has also served as president of the Rocky Mountain Estate Planning Council. Mr. Sparkman received his A.B. with honors from Princeton University and his J.D. with high honors from the University Of Texas School Of Law.
Mandatory MCLE Credit Hours and Legal Ethics & Professional Responsibility (LEPR) Credit Hours
This seminar qualifies for 1.0 MCLE Credit Hour, including up to 1.0 Taxation Specialty Credit.