Corporate Tax

Elective Course
Course Number: LAW 580
Credits: 2

This two-credit practical course is an introductory guide to the income taxation of Subchapter C (and S) corporations. This course covers the basic tax consequences of the life span of a corporation – formation, operating distributions (including dividends), redemptions of stock, stock dividends, tainted stock, liquidations, and taxable acquisitions. This course does not cover non-taxable reorganizations. This course also covers the income taxation of Subchapter S Corporations. The course will be taught entirely using problems and examples to explain the rules.