ACCT 6400

Taxation of Corporations and Shareholders

A study of federal income tax problems of corporations and corporate shareholders. The course addresses introductory corporate tax issues found in Subchapter C of the Internal Revenue Code including defining a ?corporation? for federal income tax purposes, tax consequences associated with the formation of a corporation, taxation of corporate operations (including an analysis of the differences that exist between earnings and profits, dividend distributions and taxable income), corporate redemption transactions, partial liquidations, complete liquidations and the acquisition, sale and disposition of corporate entities in transactions governed by Section 336(e) and 338 of the Internal Revenue Code

Units: 3.0

Hours: 3 to 3