Corporations
Tollefsen Law can assist with corporate organization
and legal issues in the United States and almost any country of the
world through its network of lawyers. If your business is in the United
States, it is rare that a foreign corporation is useful and can create
tax complications.
Tollefsen
Law Tax Department

In the United States most corporations are formed
under state law and are governed by state statutes. Taxation is governed
by both state and federal law. There are a number of entities that
provide limited liability under state law similar to that of
corporations. We will help you choose the most appropriate entity for
your business.
Compare entities available for businesses.
Isolating liability through
reorganization: The Internal Revenue Code allows
businesses to protect assets, avoid liabilities and
transfer contracts through savvy use of Subchapter C of the Internal
Revenue Code. For example, a business may wish to isolate the
liabilities of one part of their business from another. The company can be
spun-off to protect other sectors of the business. Reorganizations allow the Acquiring entity to utilize the Target
entity’s tax attributes, most notably their net operating losses.
More on
tax-free reorganizations