Estate and Succession Planning
Dean Mead’s Estate and Succession Planning Department is one of the largest and most respected groups of estate planning attorneys in Florida. We are frequently…
Dean Mead attorney Stephen Looney authored a “Tax Tip” article in the January-February 2014 Edition of the Journal of Passthrough Entities, entitled “The Case of the Disappearing Basis: Stock Acquisitions by S Corporations Followed by QSub Election.” The article highlights how purchase price basis disappears when an S corporation acquires the stock of a target corporation and then makes a QSub election, and how this problem can be avoided by use of a Section 338(h)(10) election or a Section 336(e) election. The full article is provided here Looney_JPTE_17-01.
