December 4, 2017

Watch Holland & Knight and NAFOA Webinar on Alternatives to Section 17 Corporations

Holland & Knight Native American Law Blog
Kenneth W. Parsons

On November 29, Holland & Knight tax attorneys, Kathleen Nilles and Ken Parsons, joined the Native American Finance Officers Association in the second part of a two-part webinar series to discuss why choosing a business structure is important to tribal economic development. In Part Two, the speakers highlighted alternatives to Section 17 federal law corporations and why they may or may not be a good vehicle for your tribe. Takeaways from the webinar include:

  • Various steps to organizing  corporations and LLCs under tribal law
  • Why some tribes prefer to organize LLCs under state law
  • Disadvantages of organizing LLCs and corporations under state law
  • Current federal tax treatment and implications of the current IRS regulatory review
  • Key elements of the integral part test—including governance control and financial commitment   

Webinar Recording: Tribal Business Structures: Alternatives to Section 17 Corporations Webinar  
Webinar Resources: The Tribal Business Structure Handbook 

The Holland & Knight Native American Law Group is a team of highly experienced attorneys and government specialists devoted to the unique needs of tribal governments and the complex field of Indian law, offering clients the resources of experienced Indian law practitioners combined with the diverse talents of more than 1,100 lawyers in every other discipline necessary to provide comprehensive legal services to tribal governments.

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