In order for stock to be qualified for an exclusion on gain under Internal Revenue Code (Code) Section 1202, the issuing corporation must, among other requirements, have aggregate gross assets of no more than $75 million at...more
Section 1202 of the Internal Revenue Code provides that noncorporate taxpayers may exclude certain gains on the disposition of Qualified Small Business Stock (QSBS) held longer than the minimum required holding period. One...more
7/21/2025
/ Capital Gains ,
Conversion ,
Corporate Taxes ,
Exclusions ,
Internal Revenue Code (IRC) ,
Mergers ,
Partnerships ,
Qualified Small Business Stock ,
Small Business ,
Stock Transfer ,
Tax Benefits ,
Tax Deductions ,
Tax Planning ,
Taxation ,
Venture Capital
President Donald Trump on July 4, 2025, signed into law H.R. 1, commonly referred to as the One Big Beautiful Bill Act (OBBB). (For a detailed analysis of the bill, see Holland & Knight's previous alert, "Trump Signs the One...more