7667. Income Taxation of Corporations and Their Shareholders
3.00 credits
Prerequisites: Prerequisite: Federal Income Tax (7661).
Grading Basis: Graded
This course is a detailed examination of the taxation of C corporations and their shareholders. Topics covered include the tax treatment of cash and stock dividends, redemptions, transfers to corporations, liquidations, taxable asset and stock acquisitions, and tax-free reorganizations. Emphasis will be on rigorous analysis of statutory materials and discussion of tax reform ideas.