Tax Free Spinoff

Neal McNamara, Co-Founder of Virtas Partners, explains what a tax free spinoff is. 

A tax free spinoff is when a company carves an entity out of their organization and creates a new entity out of that business unit. The parent company issues existing shareholders new shares for the new business unit, in exchange for their shares in the parent company.


Neal McNamara
Co-Founder, Virtas Partners