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| Bonuses Outside Controlled Group BenefitsLink Message Boards  Oct. 4, 2021 "We have a company (Company A) which only exists to hold units in Company B. However, Company A only owns 60% of Company B, so I don't think they qualify as being in the same controlled group. Company A would like to award bonuses to Company B employees that pay out upon a Company B change in control if the employee is still employed at Company B at the time. I don't see any reason why this can't be done, but what are the tax implications here? Would Company A issue 1099s? Can the Company A take any sort of deduction for the payments, even though they are not being made to a Company A employee (or an employee to Company A's controlled group)?" |
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