Tax Aspects of Private Equity Transactions

2 Credit Hours

This course will cover the federal income tax issues commonly encountered when planning and negotiating transactions sponsored or financed by private equity funds. The majority of the course will focus on the tax issues that arise when private equity funds make leveraged acquisitions of businesses operating as either corporations or partnerships. Specific topics include tax and business aspects of (i) tax buying and selling a target business; (ii) debt issuances; (iii) management equity compensation arrangements; and (iv) charting the sources and uses of funds. In each situation, we will discuss the varying, and sometimes conflicting, tax planning goals of buyers, sellers, financing parties and management participants, and the potential solutions or compromises for these conflicts.