TOMORROW: Corporate Separations Are Virtually Inevitable; Learn The Complex Tax Rules of How To Do Them Tax- Free

Earn 1 CA CLE hour, including 1 hour of Tax Specialization

Corporate Separations Are Virtually Inevitable; Learn The Complex Tax Rules of How To Do Them Tax-Free

Tuesday, 3/8, 12:30 pm to 1:30 pm Pacific via ZOOM

This program is FREE for BHBA Members and $35 for Non Members

This presentation will cover the most significant tax rules that planners and clients should be aware of in making sure that a corporate separation will qualify as a tax-free event. Corporate separations typically occur when:

Shareholders no longer agree on the direction of the corporation,
Family business succession planning issues arise,
Shareholders want to insulate different corporate divisions from the liabilities of other divisions,
A corporation wants to give certain key employees an equity interest in a certain corporate division or
A corporation wants to consolidate certain assets that are expected to sell in the future for a higher price.

Failure to understand and carefully comply with the detailed tax rules to qualify as a tax-free corporate divisive reorganization will result in the entire business being treated as if it were sold

Stephen Mihaly, Senior Attorney at KFB Rice, LLP, California State Bar Certified Specialist in Taxation Law and California State Bar Certified Specialist in Estate Planning, Probate & Trust Law, has been specializing in the field of domestic and international business and tax law for more than 35 years. He has been a member of international law firms, accounting firms and boutique tax law firms. He represents domestic and foreign privately held U.S. companies and high net worth U.S. and foreign clients and their families in outbound and inbound transactions focusing on structuring and implementing income, estate and succession plans to minimize U.S. and foreign income and transfer taxes. He also represents clients in international and domestic tax controversy matters.

About the Tax Section

The Tax Section covers all areas of federal, state, and local taxation. As tax issues affect all other areas of practice, this Section often holds joint meetings with other Sections on topics of mutual interest. The section is chaired by Michele F. L. Weiss. Find out more at bhba.org/sections-committees/taxation-law-section/

The Section is sponsored by:

MCLE CREDIT This activity has been approved for participatory Minimum Continuing Legal Education credit by the State Bar of California in the amount shown above and the Beverly Hills Bar Association certifies that this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education.