Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2023

This three-day program will focus on the tax issues presented by the entire spectrum of modern major corporate transactions, from single-buyer acquisitions of a division or subsidiary to multi-party joint ventures, cross-border mergers, and complex acquisitions of public companies with domestic and foreign operations, including spin-offs and other dispositions of unwanted operations.

Tax Strategies 2023 will be the most comprehensive and insightful conference you could possibly attend on corporate tax. You will receive the very latest information, strategies and practical insights available from leading tax practitioners from law firms, accounting firms, corporations and academia from across the United States, along with policymakers from the IRS and the Department of the Treasury.

What You Will Learn

After completing this program, participants will be able to:

• Identify key risk allocation issues when negotiating and drafting provisions in acquisition agreements
• Evaluate the relative merits of taxable transactions versus tax-free reorganizations and spin-offs, and identify when it is best to employ one transaction over another
• Understand the impact of the new corporate alternative minimum tax (“CAMT”) and the share repurchase excise tax on M&A transactions
• Leverage the tax benefits of using partnerships, and other passthrough entities, in joint ventures or as acquiring entities
• Employ tax efficient strategies in the acquisition of loss companies
• Understand the impact of new and evolving rules on cross-border acquisitions and restructurings
• Recognize, and learn to avoid, the ethical pitfalls you may encounter when providing tax opinions and recommending return positions

• Participate in a discussion of audience-selected transactions during our Corporate Transactions session
• Explore the most “Interesting Transactions of the Past Year”
• Receive complimentary electronic access to PLI’s number one bestseller, The Corporate Tax Practice Series: Strategies for Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings

Program Level – Overview

Intended Audience - Law firm and accounting firm professionals, in-house tax professionals and government attorneys who want to study the tax issues presented by modern major corporate transactions

Prerequisites – An interest in deepening your understanding of the tax issues presented by the entire spectrum of corporate transactions

Advanced Preparation – None

Segments with an asterisk (*) are available only with the purchase of the entire program.

• Opening Remarks* [00:02:06]
  Eric Solomon, William D. Alexander
• Overview and Strategies in Representing Sellers [01:05:15]
  Jessica A. Hough
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax Provisions in Acquisition Agreements [01:14:29]
  Kenneth H. Heitner, William G. Cavanagh, Lauren Angelilli
• Structuring Leveraged Buyouts (“LBOS”) [01:01:57]
  Deborah L. Paul, Adam Kool
• Current Issues in Divisive Strategies – Spin-Offs [01:00:48]
  Thomas F. Wessel, Lewis R. Steinberg, Austin Diamond-Jones, Colin D. Campbell, Jr., Eric Solomon, Mark A. Schneider
• Current Issues In M&A [01:00:34]
  William Dixon, Peter C. Canellos, William W. Burhop, Brett York, William D. Alexander
• Taxable Transaction Planning [01:15:01]
  Julia H. Skubis Weber, Alexander J. Saffi, Shane J. Kiggen, Jonathan M. Kushner
• Partnership Alternatives to Corporate M&A [01:00:00]
  Stuart L. Rosow, Phillip Gall
• Corporate Transactions Open Discussion [00:45:02]
  William Dixon, Eric Solomon
• Interesting Corporate Transactions of the Past Year [01:14:30]
  Kelly Rubin, Thomas A. Humphreys, Philip B. Wright
• Tax Accounting Issues in Mergers and Acquisitions [00:45:18]
  Megan R. Fitzsimmons, Kristie Withrow, Tony Brown
• Understanding and Managing Stock Basis and Earnings And Profits (“E&P”) [01:14:14]
  Gordon E. Warnke, Brian W. Reed, Chadwick P. Rowland
• Tax Strategies for Financially Troubled Businesses and Other Loss Companies [01:02:22]
  Linda Z. Swartz, Stuart J. Goldring, Robert H. Liquerman
• Current Developments at Treasury* [00:28:21]
  Joan C. Arnold, Michael H. Plowgian
• Cross-Border Acquisitions and Divestitures [01:13:25]
  Joan C. Arnold, Nicholas J. DeNovio, Arielle M. Borsos
• Restructuring Multinational Groups [01:15:33]
  Dana L. Trier, Eric B. Sensenbrenner, Caroline H. Ngo, David J. Berke
• Private Equity: Buying and Selling Partnerships [01:14:51]
  Eric B. Sloan, David H. Schnabel
• Passthrough Corporations – REITs, UPREITs, UPCs, and RICs [00:43:47]
  Benjamin M. Schreiner, Cristina Arumi, Clifford M. Warren
• Financial Instruments in M&A and Other Corporate Transactions [01:00:28]
  Matthew A. Stevens, Jiyeon Lee-Lim
• State and Local Tax Issues in Corporate M&A Transactions [00:45:20]
  Jared L. Malman, Richard C. Call
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Corporate Tax Advisor Should Know [00:59:03]
  S. Starling Marshall, Megan L. Brackney
• Consolidated Return Planning and Strategies [02:00:32]
  Kristie Withrow, Michael L. Schler, Andrew J. Dubroff, Julie T. Wang, Colin D. Campbell, Jr., William D. Alexander

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

• Complete Course Handbook
  
• Excerpts From: Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations, and Restructurings–2022, General Overview and Strategies in Representing Sellers (June 8, 2022)
  Louis S Freeman
• New Rules—Same Game Impact of Recent Legislation on Acquisition Agreements and Related Due Diligence
  Erika S Labelle,Philip B Wright
• Negotiating and Drafting Tax and Tax-Related Provisions in Acquisitions Agreements (New York PowerPoint slides)
  Kenneth H Heitner,Lauren Angelilli,William G Cavanagh
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax Provisions in Acquisition Agreements (Chicago PowerPoint slides)
  Diana S Doyle,Philip B Wright,Suresh T Advani
• Section 338(h)(10)
  Karen G Sowell,Mark L Yecies,Shane J Kiggen
• Section 336(e) Regulations (July 11, 2014)
  Donald W Bakke,Leila Vaughan
• The Consolidated Group: Continuation and Termination Issues
  Jeffrey L Vogel,Thomas F Wessel
• Group Continuation Rules/Continued Filing Requirement (PowerPoint slides)
  Jeffrey L Vogel,Thomas F Wessel
• Section 355: Divisive Strategies Discussion Problems
  Joseph M Pari,M. Prewett,Thomas F Wessel
• Foreign M&A: The Taxable Deals
  Jack L Cummings,Jasper L. Cummings
• The Corporate AMT and Income Accrual
  Jack L Cummings
• New York State Bar Association Tax Section Report No. 1469—Report on the Section 4501 Excise Tax on Repurchases of Corporate Stock (November 1, 2022)
  William D Alexander,Eric Solomon
• New York State Bar Association Tax Section Report No. 1473—Report on Selected Issues Relating to the Corporate Alternative Minimum Tax (March 20, 2023)
  William D Alexander,Eric Solomon
• New York State Bar Association Tax Section Report No. 1474—Report on Notice 2023-2 (March 20, 2023)
  William D Alexander,Eric Solomon
• Comments on Section 4501 Excise Tax (December 7, 2022)
  William D Alexander,Eric Solomon
• Comments on Corporate Alternative Minimum Tax under Section 59(k) (March 20, 2023)
  William D Alexander,Eric Solomon
• Exploring the Outer Limits of Section 704(c)(1)(A)
  Andrea M Whiteway,Blake D Rubin
• M&A Transactions Involving Partnerships and LLCs, Including Conversions, Mergers and Divisions
  Warren P Kean
• Interesting Corporate Transactions of the Year (2023) Tax Considerations in Structuring Acquisitions (July 28, 2023)
  Philip B Wright
• Tax Accounting Issues in Mergers and Acquisitions (June 26, 2023)
  Annette M Ahlers,C Ellen MacNeil,Mary R Duffy
• Managing Tax Attributes from a Tax Accounting Perspective in M&A Transactions (June 12, 2023)
  George A Hani
• Developments, Theories and Themes in Stock Basis (July 14, 2008)
  Gordon E Warnke
• Global Tax-Free Deals: Mergers, Acquisitions and Spins at Home and Abroad
  Linda Z Swartz
• Modifying Debt and Its Consequences (June 1, 2023)
  Chayim D Neubort,Stuart J Goldring
• Consolidated Attribute Reduction Regulations (June 20, 2020)
  Linda Z Swartz,Stuart J Goldring
• Preservation and Use of Net Operating Losses and Other Corporate Tax Attributes (May 31, 2023)
  Elliot G Freier,Milton B Hyman
• Loss Limitations as Applied to CFCs (August 2021)
  Amanda P Varma,Eric Solomon
• The U.S. Anti-Inversion Regime: Is It Time for the Hotel California to Adopt a New Check-Out Policy?
  Scott M Levine
• Surprise—You May Have a C Reorganization (Fall 2006)
  Joseph M Calianno,Michael A DiFronzo
• Latham & Watkins LLP, Client Alert, No. 2787, Treasury Department, IRS Issue Final GILTI High-Tax Exception Regulations (Client Alert with Illustrative Diagrams) (August 5, 2020)
  Nicholas J DeNovio
• Latham & Watkins LLP, Client Alert, No. 2693, COVID-19: CARES Act Eases Key US Tax Rules, Throwing a Lifeline to Some Businesses—UPDATE (April 20, 2020)
  Nicholas J DeNovio
• Proposed New Code Sec. 163(n) and Removal of Expense Allocation to GILTI (November–December 2021)
  Caroline H Ngo
• Davis Polk & Wardwell LLP, Client Update Alert, IRS Issues Interim Guidance on the Corporate Alternative Minimum Tax (December 30, 2022)
  Corey M Goodman
• Gibson, Dunn & Crutcher LLP, Client Alert, Inflation Reduction Act of 2022 Would Modify the Tax Treatment of Carried Interests, Include a Corporate Minimum Tax, and Expand Clean Energy Tax Incentives (July 29, 2022)
  Eric B Sloan
• Gibson Dunn & Crutcher LLP, Client Alert, Fiscal Year 2022 Budget Greenbook
  Eric B Sloan
• Private Equity M&A
  Todd Gluth
• Upended: The Impact of Tax Reform on Up-C Structures, The Practical Tax Lawyer (Fall 2018)
  Benjamin M Schreiner,Dean S Shulman,Margaret Dewar,Sara B Zablotney
• Selected Financial Products Issues in Corporate Transactions (July 2023)
  Craig J Gibian,Dana L Trier,Eileen C Marshall,Erika W. Nijenhuis,Jiyeon Lee-Lim,Lucy W Farr,Matthew A Stevens,Rachel D Kleinberg,William L McRae
• State and Local Tax Issues in Corporate M&A Transactions (July 11, 2023)
  David A Hughes,John A Biek
• State and Local Income and Sales Tax Aspects of Corporate Acquisitions (August 1, 2022)
  Charles J Moll,Jaye A Calhoun,Peter L Faber
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Corporate Tax Advisor Should Know
  Bryan C Skarlatos,Megan L Brackney
• Intercompany Transaction Regulations: An Overview Outline
  Andrew J Dubroff
• Consolidated Return Issues for Buyers and Sellers in M&A Transactions (July 15, 2023)
  Michael L Schler

Presentation Material

• Overview and Strategies in Representing Sellers
  Jessica A. Hough
• Negotiating and Drafting Tax and Tax-Related Provisions in Acquisition Agreements
  Lauren Angelilli, William G. Cavanagh, Kenneth H. Heitner
• Private Equity, Venture Capital and LBOs
  Adam Kool, Deborah L. Paul
• Section 355: Divisive Strategies Discussion Problems
  Thomas F. Wessel, Eric Solomon, Lewis R. Steinberg, Mark A. Schneider, Austin M. Diamond-Jones, Colin D. Campbell, Jr.
• Corporate Distributions Under Section 355
  Thomas F. Wessel, Joseph M. Pari, Stephen G. Charbonnet, M. Todd Prewett
• Current Issues in M&A
  William D. Alexander, Peter C. Canellos, William Dixon, William W. Burhop, Brett York
• Taxable Transaction Alternatives
  Shane J. Kiggen, Alexander J. Saffi, Julia H. Skubis Weber, Jonathan M. Kushner
• Corporate Tax Strategies and Techniques Using Partnerships, LLCs and Other Strategic Alliances
  Phillip Gall, Stuart L. Rosow
• Interesting Corporate Transactions of the Past Year
  Thomas A. Humphreys, Kelly Rubin, Philip B. Wright
• Tax Accounting Issues in Mergers and Acquisitions
  Tony Brown, Megan R. Fitzsimmons, Kristie Withrow
• Understanding and Managing Stock Basis and E&P
  Brian W. Reed, Gordon E. Warnke, Chadwick P. Rowland
• New Developments and Tax Strategies for Financially Troubled Businesses and Other Loss Companies
  Stuart J. Goldring, Linda Z. Swartz, Robert H. Liquerman
• Cross-Border Acquisitions
  Joan C. Arnold, Nicholas J. DeNovio, Scott M. Levine, Arielle M. Borsos
• Restructuring Multinational Groups
  Caroline H. Ngo, Eric B. Sensenbrenner, Dana L. Trier, David J. Berke
• Private Equity: Passthrough Deals
  David H. Schnabel, Eric B. Sloan
• Pass-through Corporations and Publicly Traded Partnerships
  Cristina Arumi, Benjamin M. Schreiner, Clifford M. Warren
• Selected Financial Products Issues in Corporate Transactions
  Jiyeon Lee-Lim, Matthew A. Stevens
• State and Local Tax Issues in Corporate M&A Transactions
  Richard C. Call, Jared L. Malman
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Tax Advisor Should Know
  Megan L. Brackney, S. Starling Marshall
• Consolidated Returns
  William D. Alexander, Andrew J. Dubroff, Michael L. Schler, Kristie Withrow, Julie T. Wang, Colin D. Campbell, Jr.

This three-day program will focus on the tax issues presented by the entire spectrum of modern major corporate transactions, from single-buyer acquisitions of a division or subsidiary to multi-party joint ventures, cross-border mergers, and complex acquisitions of public companies with domestic and foreign operations, including spin-offs and other dispositions of unwanted operations.

Tax Strategies 2023 will be the most comprehensive and insightful conference you could possibly attend on corporate tax. You will receive the very latest information, strategies and practical insights available from leading tax practitioners from law firms, accounting firms, corporations and academia from across the United States, along with policymakers from the IRS and the Department of the Treasury.

What You Will Learn

After completing this program, participants will be able to:

• Identify key risk allocation issues when negotiating and drafting provisions in acquisition agreements
• Evaluate the relative merits of taxable transactions versus tax-free reorganizations and spin-offs, and identify when it is best to employ one transaction over another
• Understand the impact of the new corporate alternative minimum tax (“CAMT”) and the share repurchase excise tax on M&A transactions
• Leverage the tax benefits of using partnerships, and other passthrough entities, in joint ventures or as acquiring entities
• Employ tax efficient strategies in the acquisition of loss companies
• Understand the impact of new and evolving rules on cross-border acquisitions and restructurings
• Recognize, and learn to avoid, the ethical pitfalls you may encounter when providing tax opinions and recommending return positions

• Participate in a discussion of audience-selected transactions during our Corporate Transactions session
• Explore the most “Interesting Transactions of the Past Year”
• Receive complimentary electronic access to PLI’s number one bestseller, The Corporate Tax Practice Series: Strategies for Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings

Program Level – Overview

Intended Audience - Law firm and accounting firm professionals, in-house tax professionals and government attorneys who want to study the tax issues presented by modern major corporate transactions

Prerequisites – An interest in deepening your understanding of the tax issues presented by the entire spectrum of corporate transactions

Advanced Preparation – None