Federal Income Taxation (646)

Business Organizations (616)

An analysis of the federal income taxation of regular C corporations and their shareholders in the organization, financing, operation, purchase and sale, and liquidation of corporations, as well as a comparison with S corporations and their shareholders.

Classroom discussion of cases and analysis of problems.

None

Open book essay exam. The exam will be discussed in detail during the semester.

Based on class participation and the final examination.

This course is designed for students who desire to practice primarily in the tax area or who wish to do some tax work while in the general practice of law or in some related specialization to that of tax.