Corporate Taxation (LLM Tax)

2 Credit Hours

This course focuses primarily on the federal income tax treatment of "C" corporations and their shareholders in connection with transfers of property and liabilities into corporations; dividend distributions, stock redemptions and liquidations; and taxable stock and asset acquisitions. Significant coverage is also given to the special single-tax/pass-thru regime applicable to eligible "S" corporations. PRE-REQUISITES/RESTRICTIONS: BUSCOM 690 Basic Federal Income Tax or enrollment in the Tax LLM program is a pre-requisite for this course.