Shnider Quoted in Advantage on Tax Traps

In the Advantage article, Professor Bruce Shnider mentions at least three tax traps that can arise including the need for creative structuring of the merger and acquisition (M&A) deal, state and local transfer taxes, and golden parachutes. Shnider mentions structuring often requires the parties to understand their respective tax perspectives. He also talks about how state taxes usually require careful diligence to be sure everyone understands the issues and the risks. Lastly, Shnider covers the problems of golden parachutes and how sometimes they can be solved with a special target shareholder vote.