Corporate and Partnership Tax (2530)
This course builds on the Basic Federal Tax Course by introducing students to the fundamentals of business income taxation. The course begins with a survey of the tax considerations involved in choosing the type of entity through which to conduct a business. This theme will be revisited throughout the term as we examine the income tax regimes applicable to partnerships, corporations, LLC's and their owners. The course follows the life cycle of each entity from formation, through operations, to termination. The course will be useful both to aspiring tax practitioners, as well as those who are seeking careers as corporate lawyers or businessmen/women.
- Credits: 3