BUS-A 537 Corporate Taxation

• 8 weeks
• 1.5 credits
• Prerequisite(s): None

This course provides graduate business students a deep understanding of the income taxation of Subchapter C corporations. The course material is most relevant for students that are interested in careers in tax, accounting, and/or corporate finance. Topics covered in this course include the tax treatment of:

• Corporate operations (e.g., calculating corporate taxable income, reconciling financial and taxable income),
• Corporate distributions (e.g., cash and non-cash distributions, stock redemptions),
• Corporate formations (e.g., nontaxable treatment under IRC Section 351),
• Corporate mergers, acquisitions, and divestitures (e.g., taxable and non-taxable transactions), and
• Corporate liquidations (e.g., general rules and parent-subsidiary situations).

Current topics in corporate taxation are integrated throughout the course material, where applicable.

The required course materials include an e-book and outside readings from the Wall Street Journal, New York Times, etc. Students are evaluated based on class participation, assignments, and a final exam. This course is strongly recommended for students that are interested in pursuing a career involving income taxation, and is helpful for all students in preparing for the Regulation Section of the CPA exam.