Taxation of Business Entities

Catalog description

Credits 3. 3 Lecture Hours. Study of the federal income tax treatment of C corporations and pass-through entities such as partnerships, S corporations, and limited liability companies; examines on a comparative basis the formation, operation, and sales and liquidation of these entities; corporate reorganizations and related transactions also covered. Prerequisite: One year of law school in the full-time or part-time program; LAW 7319 or concurrent enrollment.