Prerequisite: Federal Income Taxation
Pre or Co-requisite: Corporations
A rigorous analysis of fundamental issues encountered when operating in corporate form, including tax status as a corporation, organization, distributions, redemptions, stock bail-outs, sale of business, liquidations, divisions and Subchapter S elections. Students electing this course may not enroll in Taxation of Business Organizations.Grading and Method of Evaluation
Letter grade only. Final exam.