Who Knew? LLCs Can Enhance Qualified Small Business Stock

Tax Notes | May.02.2016

In this article, Orrick partner Steven C. Malvey and Peter J. Elias discuss how recent amendments to section 1202 could provide significantly enhanced tax benefits to founders of start-up ventures that were initially organized as limited liability companies. They also discuss the requirements for obtaining a 0 percent federal income tax rate on gains from sales of qualified small business stock.