Tribal Business Structures: Alternatives to Section 17 Federal Law Corporations
November 29, 2017
In the second webinar of this two-part series, we continue the conversation of why the selection of a business structure for your tribal corporation is important and how it will impact how tribal assets are protected and how tribal sovereignty is preserved. The webinar discusses alternatives to Section 17 corporations. Topics covered include: the 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, and key elements of the integral part test—including governance control and financial commitment.