Q: I have a holding company (S corp) and three separate LLC's. I'd like to make the LLC's subsidiaries of the S corp. How?
A: You need a stock purchase agreement by which the S Corp will purchase the LLCs. There are certain legal consequences of this, such as the new entity assuming the liabilities of the constituent entities. You can also structure this as a stock exchange or traditional merger pursuant to the Business Corporation Law: the method of consolidation hinges on business and tax considerations.
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