The potentially significant tax liability at the corporate and shareholder levels could deter professional corporations
from accepting otherwise favorable merger offers from accounting firms organized as limited liability partnerships.
SCRIMSHAW PROFESSIONAL CORPORATION
03-31 THUNDER BAY
Regardless of the calculations, if the professional corporation
can zero out income for 10 years, no built-in gains tax will ever be paid.
Aubrey Bassler Medicine Professional Corporation
By having thc professional corporation
purchase the property, Bill will be able to use capital losses to offset his gain on the sale.
Graham Clark Professional Corporation
Pension Trust, which involved a oneman professional corporation
engaged in architecture, the Tax Court stated: "As the sole employee of ECI [Catalano] is the fount of that company's income.
Eric Robinson Medicine Professional Corporation
Hollander of Winthrop Couchot Professional Corporation
, a Newport Beach-based corporate reorganization law firm, and by Robert E.
13, 2015 /PRNewswire/ -- The securities litigation law firm of Brower Piven, A Professional Corporation
, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Pericom Semiconductor Corporation (NasdaqGS: PSEM) ("Pericom" or the "Company") relating to the proposed buyout of the Company by Diodes Corporation.
Appendix C: Employment Agreement for Professional Corporation