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"The bet you're making by converting to a Roth is that taxes will be higher in the future than they are today.
By converting to a Reit, Enterprise Inns, which operates about 7,500 tenanted pubs in England and Wales, will wipe out most of its corporation tax bill.
It's a long-shot, Steuernagel admits, but he points out that this kind of thing recently worked with Prokon, a sizable wind-power company that escaped bankruptcy and buyout by converting to a cooperative.
But it could add weight to employees' complaints that companies and their actuaries have been able to exploit gray areas in pension accounting rules to reap financial benefits by converting to a type of plan that can hurt older workers.
Removing the 501(c)(4) exemption would be serious: it would force Crossroads to either retain its tax exemption by converting to a super PAC and disclosing its donors, or pay taxes on its tens of millions in donations.
"You don't get anything [by converting to a franchise] but what you're getting now," says Anderson.
Similar(49)
The whole amounts of cell surface uptake level and the intracellular uptake level were qualified by converting to an average number of molecules per cell.
The system shown in Figure 8a can be simplified by converting to an equivalent discrete-time model sampled at the chip rate, as shown Figure 8b [21].
By converting to an electrical representation, these tools in the electrical domain can be directly applied to a mechanical system without modification.
The first was "complete amalgamation with the American nation," by converting to Christianity and perhaps marrying "a good, simple girl of pure irish origin".
The stronger side can also win by capturing material, thus converting to a simpler endgame.
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