Stephen R. Looney, gave a presentation at the 65th Tulane Tax Institute in New Orleans on November 9, 2016. His presentation titled, “S Corporation Merger & Acquisition Issues” focused on sales of assets, stock sales, and stock sales involving qualified stock purchase acquisitions by S corporations, including the application of Section 336(e), allocation of consideration, taxable income or loss in year of acquisition, tax treatment of holdbacks, escrows and contingent purchase price and due diligence items specifically relating to acquisitions of S corporations.
Mr. Looney is a shareholder and Chair of Dean Mead’s Tax Department. He represents clients in a variety of business and tax matters including entity formation (S and C corporations, partnerships, and LLCs), acquisitions, dispositions, redemptions, liquidations, reorganizations, tax-free exchanges of real estate and tax controversies. He has written extensively on a variety of tax issues. His articles have appeared in a number of professional publications. Mr. Looney is also a frequent contributor to the firm’s Tax Law Blog.