LLC Remains Patent Holder of Asset for Capital Gain Purposes

dc.contributor.authorHarvey, Carol Kulish
dc.contributor.authorOutenreath, Alyson
dc.contributor.authorTod, Jim
dc.date.accessioned2016-05-04T20:16:28Z
dc.date.available2016-05-04T20:16:28Z
dc.date.issued2005
dc.description.abstractThree co-inventors obtained patents for their inventions. Later, in exchange for membership interests in a new LLC, the inventors transferred their interests in the product to the company. The IRS ruled that the LLC was a disregarded entity for federal tax purposes and would be treated as a partnership. This short analysis discusses the tax treatment of future dispositions of interests in the patents.en_US
dc.identifier.citationCarol Kulish Harvey, Alyson Outenreath, & Jim Tod, LLC Remains Patent Holder of Asset for Capital Gain Purposes, 7 No. 4 Bus. Entities 53 (2005).en_US
dc.identifier.urihttp://hdl.handle.net/10601/2494
dc.language.isoen_USen_US
dc.relation.urihttps://1.next.westlaw.com/Document/I55adaa60042c11deb055de4196f001f3/View/FullText.html?navigationPath=Search%2Fv3%2Fsearch%2Fresults%2Fnavigation%2Fi0ad60408000001547c9a815ab72dc92b%3FNav%3DANALYTICAL%26fragmentIdentifier%3DI55adaa60042c11deb055de4196f001f3%26startIndex%3D1%26contextData%3D%2528sc.Search%2529%26transitionType%3DSearchItem&listSource=Search&listPageSource=45f6008cf279771779b5e7456bc9780a&list=ALL&rank=1&grading=na&sessionScopeId=050339380c4a30ddcb7b80a428f0012ad59622c23aa24f34a4b49acb98da0816&originationContext=Search%20Result&transitionType=SearchItem&contextData=%28sc.Search%29en_US
dc.relation.urihttp://ehis.ebscohost.com/ehost/detail?vid=4&hid=2&sid=48da31c3-e4f4-4e67-b010-fd70f2af32f9%40sessionmgr10&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=lpb&AN=502602148en_US
dc.subjectLLCen_US
dc.subjectlimited liability companyen_US
dc.subjectpatent holderen_US
dc.subjectcapital gainsen_US
dc.subjectlong-term capital gainen_US
dc.subjectasset dispositionen_US
dc.subjecttax lawen_US
dc.subjectIRSen_US
dc.subjectdisregarded entityen_US
dc.subjectpartnershipen_US
dc.titleLLC Remains Patent Holder of Asset for Capital Gain Purposesen_US
dc.typeArticleen_US

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