Complimentary for Members

November 3, 2022


Live Webcast


NYSED 1

SAFEs: Not So Simple! Tech Session Webinar

November 3, 2022
Live Webcast
NYSED 1

SAFEs: Not So Simple! Tech Session Webinar

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    Instructor

    Lesley
    Adamo

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Learning Objectives

SAFEs, or Simple Agreements for Future Equity, which were introduced by Y-Combinator in 2013, are a popular investment instrument in early-stage startup financings. Y-Combinator intended for a SAFE to be a simple investment instrument requiring minimum negotiation. However, from a tax perspective, the treatment of SAFEs is not so simple. This program will provide an overview of the various forms of SAFEs and their tax treatment. Although SAFEs were intended for use by C corporations, we have seen them used by both LLCs and S corporations which implicate a number of complicated and troublesome tax issues.

Major Topics

This program will cover the substantive tax law and discuss commonly-encountered tax issues implicated by the use of SAFEs

CPE Credits Available

NYSED 1
1
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

Tax professionals (accountants and lawyers)

Provider

Foundation for Accounting Education

This event has ended.