Federal income taxation of corporations and shareholders, emphasizing corporate organizations, dividends, redemptions, liquidations, and reorganizations. This course will probably not be offered in a year in which Taxation of Business Enterprises is taught.
Prerequisites: Business Organizations (641); Introduction to Federal Income Taxation(700)
This is an elective course. Most, though not all, electives are offered each year. Students may expect to have at least one opportunity to subscribe to all electives at some time in their three years in the college.