Overview
Tax-deferred transactions such as Section 1031 like-kind exchanges, Section 1033 involuntary conversions (including eminent domain), Section 453 installment sales, and other types of transactions under appropriate circumstances can be structured to eliminate or decrease current taxation. In addition, the purchase and sale of businesses (both asset sales and stock sales) and the restructuring of businesses, under appropriate circumstances may be structured to reduce or eliminate current taxation as another form of tax-deferred transaction. We advise on the proper structuring of transactions to achieve favorable tax results.