BUS-A537 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.