Addition of acetate anions to solutions of Pd-0(PPh(3))(4) results in the formation of anionic species in which the acetate ion coordinates the palladium(0) center, Pd-0(PPh(3))(3)(OAc)(-), which is in equilibrium with the less ligated complex, Pd-0(PPh(3))(2)(OAc)(-). The latter undergoes oxidative addition with phenyl iodide to afford a mixture of PhPdI(PPh(3))(2) and PhPd(OAc)-(PPh(3))(2). Acetate ions react with PhPdI(PPh(3))(2) to afford PhPd(OAc)(PPh(3))(2). Mixtures ofPd(OAc)(2) and nPPh(3) (n greater than or equal to 4), commonly used as catalysts in Heck reactions, afford a palladium(0) complex that is ligated by one acetate ion, yielding the anionic species Pd-0(PPh(3))(3)(OAc)(-) and Pd-0(PPh(3))(2)(OAc)(-). The latter reacts with phenyl iodide. However, this reaction does not afford the expected PhPdI(PPh3)2 complex but instead affords PhPd(OAc)(PPh(3))(2). Reaction of PhPd(OAc)(PPh(3))(2) with styrene results in the formation of stilbene, demonstrating that PhPd(OAc)(PPh(3))2 is an intermediate in the Heck reaction.