Legal Entity Rationalization (LER): Partnership Eliminations

CPE 1.0

Webcast

Webcast overview

This webcast is designed to explore the income tax consequences of partnership Legal Entity Rationalization (LER) transactions. Given the complexities of partnership taxation, eliminating a partnership within a larger corporate structure comes with several considerations as transactions between a partnership and a partner are not transactions between consolidated group members.  Don’t miss this opportunity to learn more about strategies to minimize tax exposures, while achieving your overall entity rationalization goal.

Join us for this TaxWatch webcast where our M&A partnership tax professionals will discuss key considerations and practical approaches for rationalizing partnership legal entities.

Topics we intend to cover include:

  • Common drivers and form of partnership eliminations in LERs
  • Discussion of whether it matters from a tax perspective how a partnership is terminated considering the numerous available options
  • Typical steps for eliminating partnerships and the related federal income tax consequences
  • Common complications and potential mitigation strategies with terminations including intercompany debt considerations and foreign partners

Continuing education

There will be one continuing professional education (CPE) credit available to participants who participate in the live webcast and meet the eligibility requirements. The webcast will last approximately one hour.

After registering for this event, you will receive webcast log‑in instructions (or dial in for audio‑only participation).

CPE credit is not available for viewing webcast replay.

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