Planning For Business Exits From C Corporations; Intrafamily Business Transactions; Other Developments

Lower C corporation income tax rates have increased attention to the Code § 1202 exclusion for gain on sale of stock. We will discuss how that and related provisions work, how they compare with other business exit strategies, and a recent Tax Court case that informs intrafamily business sales and loans. We also mention a new favorable IRS position regarding deducting charitable contributions that generate state tax credits for business owners.

You will learn:

How […]

By | January 12th, 2019 ||

Canada: Fertin Pharma Completes Cross-Border Acquisition Of Tab Labs

On Jan. 7, 2019, Fertin Pharma A/S announced that it had acquired Tab Labs Inc.

Fertin Pharma, headquartered in Vejle, Denmark, is the leading independent B2B developer and manufacturer of medicated chewing gum, primarily nicotine chewing gum used for withdrawal management in the process of tobacco cessation. Tab Labs is a full-service, private label contract manufacturer of functional tablets and chewing gum based in Vancouver, British Columbia.

Tab Labs will serve as an important bridgehead for […]

By | January 11th, 2019 ||

Why Should I Incorporate In Delaware?

Your offices will be in New York City, your employees will be in New York and New Jersey, and your first target customers will be up and down the East Coast—why would you want to incorporate your startup in Delaware?

It might seem strange to incorporate in a state that you may never have visited. However, there is a reason that more than one million companies, including more than 50% of all U.S. publicly-traded companies […]

By | January 10th, 2019 ||