Mandatory Buy-Out Agreements for Stock of Closely Held Corporations
33 Pages Posted: 2 May 2007
Abstract
A buy-out of a shareholder's stock is a sale of his stock holdings in a specific corporation pursuant to a pre-existing contract. The focus of this Article is on mandatory agreements taking effect upon the death of a shareholder. The purpose of this Article is to delineate some of the most important tax and corporate law considerations and to examine various methods of financing buy-outs. It will place particular emphasis on the merits and disadvantages of funding by means of life insurance.
Keywords: Taxation, Buy-Out, Closely Held Corporation, Life Insurance
JEL Classification: H20, H25
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Income Inequality in the United States, 1913-1998 (Series Updated to 2000 Available)
By Thomas Piketty and Emmanuel Saez
-
The Evolution of Top Incomes: A Historical and International Perspective
By Thomas Piketty and Emmanuel Saez
-
Top Wealth Shares in the United States: 1916-2000: Evidence from Estate Tax Returns
By Emmanuel Saez and Wojciech Kopczuk
-
Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
-
Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
-
The Distribution of Top Incomes in Australia
By Anthony B. Atkinson and Andrew Leigh
-
Dying to Save Taxes: Evidence from Estate Tax Returns on the Death Elasticity
By Wojciech Kopczuk and Joel B. Slemrod
-
The Distribution of Top Incomes in New Zealand
By Anthony B. Atkinson and Andrew Leigh