About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

36 Va. Tax Rev. 449 (2017)
Mandatory Passthrough Taxation for Non-Publicly Traded Businesses

handle is hein.journals/vrgtr36 and id is 467 raw text is: MANDATORY PASSTHROUGH TAXATION FOR NON-PUBLICLY TRADED BUSINESSES? Anthony P. Polito* TABLE OF CONTENTS I. INTRO DUCTION ................................................................................. 449 II. EXPANDED CHECK THE Box ............................................................ 452 III. IN SID E SHELTER ............................................................................... 456 IV. INADVERTENT TERMINATION OF STATUS ........................................ 464 V. GOING PRIVATE TRANSACTIONS ..................................................... 466 IV. CONCLUSION - A USEFUL REFORM PACKAGE .............................. 472 I. INTRODUCTION Should passthrough taxation be made mandatory for all businesses whose equity is not publicly traded? In the current tax policy environment, every business that is or becomes a non-publicly traded business has access to passthrough taxation, but not without - in some cases - significant tax costs. Employing a perspective that corporate tax integration is desirable and should be encouraged, this article examines whether passthrough tax treatment should be made mandatory for such companies. In the end, the answer is no; it should not be made mandatory. However, the exercise of answering the question highlights several incremental tax law reforms that could be adopted to advance the project of corporate tax integration. . Visiting Professor of Law, Boston College Law School (Spring 2017); Professor of Law, Suffolk University Law School. S.B., Massachusetts Institute of Technology, 1986; J.D., Harvard University, 1989; LL.M., New York University, 1995.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most