Section 302 Redemptions US Corporate Tax

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=iZq5c-YQoIQ

This video discusses the various conditions under which a corporation's redemption of a shareholder's stock would qualify for sale or exchange treatment under Section 302(b) of the U.S. tax code. A redemption qualifies for sale or exchange treatment if one of the following is true: • (1) the redemption completely terminates the shareholder's interest in the corporation (Section 318 family attribution rules apply) • (2) the redemption is substantially disproportionate (after the redemption, the shareholder owns less than 80% of the voting stock he or she held before the redemption, and owns less than 50% of the corporation's voting stock) • (3) the redemption is not essentially equivalent to a dividend (i.e., there is a meaningful reduction in the shareholder's interest, such as a loss of control) • (4) the redemption is part of a partial liquidation (for noncorporate shareholders, a redemption that is part of a plan in which the corporation gets rid of a qualified trade or business in which it had actively participated during the previous 5 years)— • Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. • — • SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • • A 44-PAGE GUIDE TO U.S. TAXATION • • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • • MANY MORE FREE PDF GUIDES AND SPREADSHEETS • http://eepurl.com/dIaa5z • — • SUPPORT EDSPIRA ON PATREON • * / prof_mclaughlin • — • GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT • https://edspira.thinkific.com • — • LISTEN TO THE SCHEME PODCAST • Apple Podcasts: https://podcasts.apple.com/us/podcast... • Spotify: https://open.spotify.com/show/4WaNTqV... • Website: https://www.edspira.com/podcast-2/ • — • GET TAX TIPS ON TIKTOK • / prof_mclaughlin • — • ACCESS INDEX OF VIDEOS • https://www.edspira.com/index • — • CONNECT WITH EDSPIRA • Facebook: / edspira • Instagram: / edspiradotcom • LinkedIn: / edspira • — • CONNECT WITH MICHAEL • Twitter: / prof_mclaughlin • LinkedIn: / prof-michael-mclaughlin • — • ABOUT EDSPIRA AND ITS CREATOR • https://www.edspira.com/about/ • https://michaelmclaughlin.com

#############################

New on site