TCJA Puts Focus on Often Overlooked Stock Sale Exclusion

Michael Wilder, Daniel Zucker and Kevin Hall co-authored a McDermott On the Subject, “Section 1202 Post-TCJA,” cited here. With the reduced corporate income tax rate of 21 percent under the Tax Cuts and Jobs Act, section 1202 provides another incentive for businesses to seriously consider operating as C corps, Mr. Hall said.