LAW 438 - Corporate Taxation

Prerequisite(s): LAW 311 - Federal Income Tax Recommended: LAW 303 - Corporations I or LAW 320 - Business Associations.

A general introduction to the federal income taxation of corporations and their shareholders. This course is designed for students intending to pursue either a general business practice or a tax practice. Topics covered will tax include tax classification of business entities, incorporation and capital structure, taxable and non-taxable dividends, stock redemptions, corporate liquidations, non-acquisitive corporate reorganizations, and “S corporations”.