Navigating Realty Transfer Tax in Business Transactions: Key Takeaways from Kunj Harrisburg LLC, et al. v. PA (Virtual)

This continuing legal education program was generously sponsored by Barley Snyder.

ONLINE REGISTRATION INCLUDED BELOW.
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Event Description

Join Barley Snyder attorneys Matthew Hennesy, Alex Puskar, and Derek Dissinger as they break down the landmark Commonwealth Court decision in Kunj Harrisburg LLC, et al. v. Commonwealth of PA. This case clarified the applicability of realty transfer tax under the Pennsylvania Entity Transactions Law (ETL), particularly in the context of business divisions and restructurings.

Our speakers will discuss: (1) the key arguments that led to the reversal of a $90,000 tax assessment; (2) how the ETL impacts real estate transactions and tax liability; and (3) practical takeaways for attorneys, business owners, and real estate professionals

This session is beneficial not only for attorneys but also for business owners, real estate investors, accountants, and tax professionals who deal with property transactions and entity restructurings. Gain valuable insights to navigate Pennsylvania’s realty transfer tax laws with confidence.

CREDIT(S):

1.0 SUBSTANTIVE CREDIT

SPEAKER:

Matthew M. Hennesy, Esquire
Partner, Barley Snyder

Matthew Hennesy is chair of Barley Snyder’s Litigation Practice Group. He is an aggressive advocate who helps businesses, institutions and individuals effectively use the court system to achieve their strategic objectives and meet the challenges posed by complex litigation. In addition to helping his clients navigate and succeed in litigation, Matthew also helps clients proactively identify and manage litigation risk. With his energetic and proactive approach to litigation issues, Matthew is able to obtain positive results for clients even in challenging circumstances. 

Alex Puskar, Esquire
Partner, Barley Snyder

Alex Puskar is a partner in Barley Snyder’s Business and Tax practice groups. His practice includes extensive experience with mergers and acquisitions, including assisting clients with the establishment, use and operation of, and acquisitions involving employee stock ownership plans. He works with officers, directors and shareholders of closely held businesses on an array of organizational matters, such as entity formation, compliance, contract review, tax planning, and business succession planning. He also counsels non-profit organizations in mergers, acquisitions and fundamental change transactions, as well as filing for tax-exempt status and general compliance issues.

Derek P. Dissinger, Esquire
Partner, Barley Snyder

Derek Dissinger is chair of Barley Snyder’s Real Estate Practice and its Hospitality Industry Group. He is also a member of the Finance Practice. He represents creditors such as banks and credit unions in wide range of commercial loan transactions, including real estate loans, construction loans, asset-based credit facilities, participations and loan sales. Derek’s experience as a real estate attorney and title agent allows him to bring a unique perspective to the documentation of real estate loans which benefits his financial institution clients.  He also regularly presents to financial institutions on various topics including title insurance, loan modifications, mechanic’s liens and unique collateral.

QUESTIONS?
Email Lexi Driendl (cle@lancasterbar.org), Continuing Legal Education & Marketing Coordinator