S Corporation Built-In Gains Tax

March 26, 2012

Are you looking for a summary of the S Corporation Built-In Gains Tax? Take a look at the AICPA’s Tax Advisor’s article “The S Corporation Built-In Gains Tax: Commonly Encountered Issues.”

These built in gains typically occur when a C corporation converts to an S corporation. This article discusses the common issues facing corporations in this situation, and the need for a proper appraisal. A good resource for you and your clients.

Looking for more valuation resources? Please see our Library which is full of articles, cases and past newsletters.

Posted in Industry News and tagged AICPA, appraisal, built-in gains tax, c corporation, c-corp, s corporation, s-corp, tax advisor