Corporate Tax

An introduction to Subchapter C of the Internal Revenue Code and the taxation of shareholders and corporations. The class will include an in-depth study of Section 351 and corporate formations; the capital structure of a corporation; nonliquidating distributions including dividends and Section 301; redemptions of corporate stock including Section 302; and both taxable and tax free acquisitions, including Section 368 reorganizations. The course will not address international transactions, but will attempt to emphasize real world, current corporate tax problems.