Taxation of Business Entities I: Corporations

About this course

This course provides an introduction to the U.S. federal income taxation of corporations and their shareholders. The course focuses on the relevant provisions of Subchapter C of the Internal Revenue Code, as well as related Treasury Regulations and judicial opinions, governing corporate formation, operations, distributions, and liquidation. Practical in-class study problems facilitate self-discovery of technical tax knowledge along with the development of a variety of professional skills and attitudes.

What you will learn

• Evaluate the tax treatment of different organizational forms.
• Compare and contrast the taxation of individuals and corporations.
• Calculate the corporate income tax.
• Determine the tax effects of incorporation, corporate distributions to shareholders, complete corporate liquidations, and corporate reorganizations.