The shift in income tax rates on dividends1 and long-term capital gains2 has created useful options for removing assets from C corporations where taxpayers have been reluctant to incur the tax burdens of corporate liquidation.3 The fact that both provisions sunset after 2008,4 and could conceivably disappear before 2009 under fiscal pressure, suggest that a review of available options would be timely.
Harl, Neil E.
"Removing Assets from a C Corporation,"
Agricultural Law Digest: Vol. 15
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol15/iss13/1