Page 6 - Letter Ruling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The insurance industry is global in nature. Insurers and reinsurers are critically important to the world economy, assuming and transferring risk…

Partnership Formation - The formation of a partnership is generally a nonrecognition transaction for both the contributing partner and the newly-created partnership. Thus, as a general...

An employee stock ownership plan (ESOP) is a type of tax-qualified retirement plan. ESOPs are designed to invest primarily in qualifying employer securities, as defined in applicable...

Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.

i.e., an investment partnership). Under the Treasury Regulations, a transfer of property to an investment partnership occurs when: i. the transfer results, directly or indirectly, in diversification of the transferor’s interest; and ii. the transferee is (a) a regulated investment company, (b) a real estate investment trust, or (c) a corporation more than 80 percent of the value of whose assets (excluding cash and nonconvertible debt obligations from consideration) are held for investment and are readily marketable stocks or securities, or interests in regulated investment companies or rea...