collapsible corporation

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A former tax-planning tool allowing conversion of ordinary income to capital gains through the vehicle of a corporation set up and then quickly “collapsed” by a sale or exchange of the stock or a liquidation.Today,the vehicle has been largely penalized out of existence by the IRS.If the corporation is collapsed and the stock sold within 3 years of formation,sale proceeds will be treated as ordinary income although such a holding period would otherwise qualify for capital gains treatment.See also thin corporation.

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No references found			341, the notorious collapsible corporation provisions. Determining FMV. (From The IRS) by Laffie, Lesli S. / The Tax Adviser CORPORATE INCOME TAX Collapsible corporations * The collapsible corporation provisions should be eliminated. NSA Response to Recommendations of the Joint Committee on Taxation by The National Public Accountant When the consent is executed, the principal shareholders of an otherwise collapsible corporation can safely sell stock on a capital gains basis. Securing capital gains in a public offering by Willens, Robert / Journal of Accountancy			Coeficiente de correlacion Coeficiente de endeudamiento Coeficiente de Gini Coeficiente de liquidez Coeficiente de solvencia inmediata Coeficiente del servicio de la deuda Coface Coffee, Sugar & Cocoa Exchange Coffee, Sugar and Cocoa Exchange Coffee, Sugar, and Cocoa Exchange COFI Cofinancing Agreement Cofinancing Agreements Coherent Market Hypothesis coil Coincident Indicator Coincident Indicators coinsurance Coinsurance Effect COLA cold call Cold Calling cold canvass Cold-calling Collaborative Commerce collapsible corporation Collar Collar Rule collateral collateral heir Collateral Trust Bond Collateral Trust Bonds Collateralize Collateralized Bond Obligation Collateralized Debt Obligation Collateralized Loan Obligation collateralized mortgage backed securities collateralized mortgage obligation Collectible Collectieve vordering Collecting Bank Collection Collection Float Collection Fraction Collection Fractions Collection Period Collection Policy Collection Ratio Collective Bargaining Collective Fund Collective wisdom			collapse therapy collapse therapy collapse therapy collapse therapy collapse under collapsed collapsed collapsed collapsed collapsed Collapsed Backbone Collapsed Central Office Collapsed Local Area Network Collapsed lung Collapsed lung Collapsed lung collapses collapses collapses collapses collapses collapsibility collapsibility collapsibility collapsibility collapsibility collapsible collapsible collapsible collapsible collapsible corporation collapsible shelter Collapsible Water Reservoir Collapsin Response Mediator Protein Collapsin Response Mediator Protein 1 Collapsin Response Mediator Protein 5 collapsing collapsing collapsing collapsing collapsing Collapsing Buffer collapsing pressure collapsing pulse Collapsion collar collar collar collar collar collar Collar (BDSM) Collar (BDSM) Collar (BDSM) Collar (clothing) Collar beam Collar beam collar beam roof collar beams collar beams collar bearing

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