Analysis

C-Corp. Conversions Not Attractive To All Pass-Throughs

Law360 (May 3, 2018, 8:49 PM EDT) -- Investment firm KKR & Co. LP will have an easier time attracting foreign investors following its Thursday revelation that it will reorganize itself to take advantage of the new federal tax law, but the move comes with risks that could deter other businesses from following suit.

For the first time since KKR went public almost a decade ago, the asset manager announced that it will undertake a major shakeup by converting from a pass-through entity, which passes income on to business owners to be taxed at individual rates, to a C corporation, subject to corporate-level taxes.

Pass-throughs have typically been perceived...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!