Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2024 Chicago

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 2024 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 recent significant changes to the IRS advance ruling guidelines for spin-offs, including IRS views regarding leveraged spin-offs and delayed distributions
• Understand the impact of the 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 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

Special Features

• Attend three new sessions:
  • How Judicial Doctrines Shape Subchapter C and Transaction Planning
  • Tax Controversy Issues in M&A Transactions
  • Impact of the Corporate Alternative Minimum Tax (“CAMT”) on M&A Transactions
• Explore “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* [00:02:24]
  Karen Gilbreath Sowell, William D. Alexander, Eric Solomon
• Overview of Tax Strategies in M&A [01:09:45]
  Suresh T. Advani
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax Provisions in Acquisition Agreements [01:15:05]
  Philip B. Wright, Scott Pollock, Diana S. Doyle
• Structuring Leveraged Buyouts (“LBOs”) [01:00:01]
  R. David Wheat, Rachel B. Reisberg
• Current Issues in M&A [01:00:34]
  Davis J. Wang, Jodi J. Schwartz, Gregory Joseph Galvin, Theron A. West Jr., Jasper L. Cummings, Jr.
• Current Issues in Divisive Strategies – Spin-Offs [00:59:42]
  Thomas F. Wessel, Robert H. Wellen, Joseph M. Pari, Mark Weiss, Colin D. Campbell, Jr.
• How Judicial Doctrines Shape Subchapter C and Transaction Planning [01:14:44]
  Marc A. Countryman, Karen Gilbreath Sowell, William D. Alexander, Eric Solomon
• Tax Controversy Issues in M&A Transactions [01:00:22]
  David W. Foster, George A. Hani
• Impact of the Corporate Alternative Minimum Tax (“CAMT”) on M&A Transactions [01:00:57]
  Julia H. Skubis Weber, Kevin M. Jacobs, Russell G. Jones, Theron A. West Jr., Marie C. Milnes-Vasquez
• Interesting Corporate Transactions of the Past Year [00:59:54]
  Philip B. Wright, David B. Strong, Andrew M. Eisenberg
• Tax Accounting Issues in Mergers and Acquisitions [00:45:24]
  Amy J. Sargent, George Manousos, Carol Conjura
• Tax Strategies for Financially Troubled Businesses and Other Loss Companies [01:00:55]
  Richard M. Nugent, Joseph M. Kronsnoble, Mark R. Hoffenberg, Robert H. Liquerman, Colin D. Campbell, Jr.
• Understanding and Managing Stock Basis and Earnings And Profits (“E&P”) [01:15:39]
  Gordon E. Warnke, Brian W. Reed, Karen R. Li, Karen Gilbreath Sowell
• Current Developments at IRS Chief Counsel (International) [00:30:30]
  Peter H. Blessing, Eric Solomon
• Cross-Border Acquisitions and Divestitures [01:14:27]
  Amanda Pedvin Varma, Devon M. Bodoh, Elena M. Madaj
• Restructuring Multinational Groups [01:16:09]
  Corey M. Goodman, Joseph M. Calianno, Pierce W. Pandolph
• Private Equity: Buying and Selling Partnerships [01:16:05]
  Eric B. Sloan, Rachel L. Cantor
• Partnership Alternatives to Corporate M&A [00:58:47]
  Pamela L. Endreny, Benjamin J. Applestein
• Financial Instruments in M&A and Other Corporate Transactions [00:45:00]
  William L. McRae, Eileen C. Marshall
• State and Local Tax Issues in Corporate M&A Transactions [00:45:10]
  David A. Hughes, John A. Biek
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Corporate Tax Advisor Should Know [01:00:06]
  Jennifer E. Breen, Megan L. Brackney
• Consolidated Return Planning and Strategies [02:00:47]
  Jeffrey L. Vogel, Olivia Ley Orobona, Bryan P. Collins, Julie T. Wang, Theron A. West Jr., Marie C. Milnes-Vasquez

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 (July 8, 2022)
  Louis Freeman
• New Rules—Same Game Impact of Recent Legislation on Acquisition Agreement and Related Due Diligence
  Philip Wright,Erika Labelle
• Shifting Tax Risks: Transactional Insurance Trends and Rationale
  Michael Zucker,Diana Doyle
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax and Tax-Related Provisions in Acquisition Agreements (New York PowerPoint slides)
  Kiran Sheffrin,Kenneth Heitner,William Cavanagh
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax Provisions in Acquisition Agreements (Los Angeles PowerPoint slides)
  Amie Breslow,Ana O’Brien,Julie Divola
• Section 338(h)(10)
  Karen Sowell,Mark Yecies,Shane Kiggen
• Section 336(e) Regulations (July 11, 2014)
  Donald Bakke,Leila Vaughan
• Skadden, Alert, Newly Proposed Regulations on Stock Buyback Excise Tax Largely Adopt Approach from Initial IRS Guidance (April 18, 2024)
  William Alexander
• Excise Tax on Repurchase of Stock, 26 CFR Parts 1 and 58, Reg-115710-22
  William Alexander
• Regs Stretch the Buyback Tax (July 15, 2024)
  Jasper Cummings
• Contingent Consideration, Contingent Liabilities, and Indemnities (July 22, 2024)
  Robert Wellen
• The Consolidated Group: Continuation and Termination Issues
  Thomas Wessel,Jeffrey Vogel
• Group Continuation Rules/Continued Filing Requirement (PowerPoint slides)
  Thomas Wessel,Jeffrey Vogel
• Section 355: Divisive Strategies Discussion Problems (PowerPoint slides)
  M. Todd Prewett,Joseph Pari,Thomas Wessel
• Application of the Step Transaction Doctrine in the Corporate Setting (August 2024)
  Eric Solomon
• Litigation Update: Recent Cases Involving Application of Anti-Abuse Rules and Doctrines (Summer 2024)
  Nicole Butz,Michael Benison,Ty Shockley,Michael Desmond
• 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,Karen G Sowell
• American Bar Association Tax Section Report—Comments on Corporate Alternative Minimum Tax Under Section 59(k) (March 20, 2023)
  William D Alexander,Eric Solomon,Karen G Sowell
• Interesting Transactions of the Year (2024), Tax Considerations in Structuring Acquisitions (July 28, 2024)
  Philip Wright
• Tax Accounting Issues in Mergers and Acquisitions (July 2024)
  C. Ellen MacNeil,Mary Duffy,Annette Ahlers
• Managing Tax Attributes from a Tax Accounting Perspective in M&A Transactions (June 10, 2024)
  George Hani
• Global Tax-Free Deals: Mergers, Acquisitions and Spins at Home and Abroad (June 1, 2021)
  Linda Swartz
• Modifying Debt and Its Consequences (July 8, 2024)
  Stuart Goldring,Chayim Neubort
• Consolidated Attribute Reduction Regulations (June 20, 2020)
  Linda Swartz,Stuart Goldring
• Developments, Theories and Themes in Stock Basis (July 11, 2008)
  Gordon Warnke
• KPMG, Tax News Flash Alert, No. 2024-282, D.C. Circuit: Gain Recognized on Sale of Partnership Interest Attributable to Inventory Not U.S.-Source Income Subject to U.S. Tax; Tax Court Reversed (July 23, 2024)
  Ronald Dabrowski
• Loss Limitations as Applied to CFCs (August 2021)
  Eric Solomon,Amanda Varma
• Latham & Watkins, Client Alert, No. 3057, Treasury and IRS Issue Initial Guidance on Stock Buyback Tax and Corporate Minimum Tax (January 20, 2023)
  Nicholas DeNovio
• Latham & Watkins, Client Alert, No. 2879, G7 Tax Agreement Marks Significant Step Toward Global Tax Reform (June 11, 2021)
  Nicholas DeNovio
• Tax Incentives and the Foreign Tax Credit in a Pillar 2 World (June 22, 2024)
  Brian Jenn
• Code Sec. 961 Basis in Inbound Nonrecognition Transactions (April 18, 2024)
  Brian Jenn
• Code Sec. 987 Proposed Regulations—A Choose-Your-Own-Adventure Experience (with a Surprise Ending for Some QBUs) (November–December 2023)
  Brian Jenn
• Gibson, Dunn & Crutcher, Tax Update Alert, IRS and Treasury Issue Guidance on Related-Party Basis Adjustments (June 17, 2024)
  Eric Sloan,Michael Desmond
• Related Party Basis Adjustments
  Stuart Rosow
• Selected Financial Products Issues in Corporate Transactions (August 2024)
  Eileen Marshall,Matthew Stevens,Dana Trier,Erika Nijenhuis,William McRae,Lucy Farr,Jiyeon Lee-Lim,Rachel Kleinberg
• State and Local Income and Sales Tax Aspects of Corporate Acquisitions (August 7, 2024)
  Charles Moll,Jaye Calhoun
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Corporate Tax Advisor Should Know
  William D Alexander,Eric Solomon,Karen G Sowell
• Intercompany Transaction Regulations: An Overview Outline
  Andrew Dubroff
• Consolidated Return Issues for Buyers and Sellers in M&A Transactions (June 20, 2024)
  Michael Schler

Presentation Material

• Overview and Strategies in Representing Sellers
  Suresh T. Advani
• Selected Seller and Buyer Issues, Including Negotiating and Drafting Tax Provisions in Acquisition Agreements
  Diana S. Doyle, Scott Pollock, Philip B. Wright
• Private Equity, Venture Capital and LBOs
  Rachel B. Reisberg, R. David Wheat
• Current Issues in M&A
  Jasper L. Cummings, Jr., Gregory Joseph Galvin, Jodi J. Schwartz, Davis J. Wang, Theron A. West Jr.
• Section 355: Divisive Strategies Discussion Problems
  Colin D. Campbell, Jr., Joseph M. Pari, Mark Weiss, Robert H. Wellen, Thomas F. Wessel
• Corporate Distributions Under Section 355
  Thomas F. Wessel, Joseph M. Pari, Stephen G. Charbonnet, M. Todd Prewett
• How Judicial Doctrines Shape Subchapter C and Transaction Planning
  William D. Alexander, Marc A. Countryman, Eric Solomon, Karen Gilbreath Sowell
• Tax Controversy Issues in M&A Transactions
  David W. Foster, George A. Hani
• Impact of the Corporate Alternative Minimum Tax on M&A Transactions
  Kevin M. Jacobs, Russell G. Jones, Marie C. Milnes-Vasquez, Julia H. Skubis Weber, Theron A. West Jr.
• Interesting Corporate Transactions of the Past Year
  Andrew M. Eisenberg, David B. Strong, Philip B. Wright
• Tax Accounting Issues in Mergers and Acquisitions
  Carol Conjura, George Manousos, Amy J. Sargent
• New Developments and Tax Strategies for Financially Troubled Businesses and Other Loss Companies
  Colin D. Campbell, Jr., Mark R. Hoffenberg, Joseph M. Kronsnoble, Robert H. Liquerman, Richard M. Nugent
• Understanding and Managing Stock Basis and E&P
  Karen R. Li, Brian W. Reed, Karen Gilbreath Sowell, Gordon E. Warnke
• Current Developments at Internal Revenue Service (International) Q&A
  Peter H. Blessing, Eric Solomon
• Cross-Border Acquisitions
  Devon M. Bodoh, Elena M. Madaj, Amanda Pedvin Varma, Moshe Spinowitz
• Restructuring Multinational Groups
  Joseph M. Calianno, Corey M. Goodman, Brian H. Jenn, Pierce W. Pandolph
• Private Equity: Passthrough Deals
  Rachel L. Cantor, Eric B. Sloan
• Corporate Tax Strategies and Techniques Using Partnerships, LLCs and Other Strategic Alliances
  Benjamin J. Applestein, Pamela L. Endreny
• Financial Products Update
  Eileen C. Marshall, William L. McRae
• State and Local Tax Issues in Corporate M&A Transactions: Section 338(h)(10) and 336(e)Transactions and Tax-free Reorganizations and Spin-offs
  John A. Biek, David A. Hughes
• Balancing Tax Planning, Advocacy, and Professional Ethics: The Rules That Every Tax Advisor Should Know
  Megan L. Brackney, Jennifer E. Breen
• Consolidated Returns
  Bryan P. Collins, Marie C. Milnes-Vasquez, Olivia Ley Orobona, Jeffrey L. Vogel, Julie T. Wang, Theron A. West 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 2024 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 recent significant changes to the IRS advance ruling guidelines for spin-offs, including IRS views regarding leveraged spin-offs and delayed distributions
• Understand the impact of the 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 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

Special Features

• Attend three new sessions:
  • How Judicial Doctrines Shape Subchapter C and Transaction Planning
  • Tax Controversy Issues in M&A Transactions
  • Impact of the Corporate Alternative Minimum Tax (“CAMT”) on M&A Transactions
• Explore “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