{
  "id": "EXC_SEC_306_NON_AVOIDANCE",
  "name": "Section 306 Stock Tax Avoidance Exception",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Requires establishing to the satisfaction of the Secretary that the transaction was not in pursuance of a plan having tax avoidance as a principal purpose.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Avoids ordinary income treatment on the disposition of Section 306 (preferred) stock if the taxpayer can prove the distribution and disposition were not part of a tax avoidance plan.",
  "irc_reference": "IRC §306(b)(4)",
  "deadline": "",
  "savings_potential": "high",
  "benefits": "individual|investor",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}