Corporate Taxation (21524). 4 units. The United States has a "classical" or two-level corporate tax system, which aims to tax corporate income twice: once when earned at the corporate level and again when distributed to individual shareholders. This corporate "double tax" is problematic because its policy rationale is thin and its implementation is tricky. This course will focus on both the policy and the technical aspects of taxing corporations. On the policy side, it will consider current and past proposals to integrate the corporate tax with the individual income tax. On the technical side, it will consider the tax problems that arise when corporations engage in transactions with their shareholders or with other corporations, including contributions, distributions, and reorganizations. Note:This course is open only to J.D. students. Prerequisite: Federal Income Taxation. Self-scheduled examination. A.L. Alstott.
SLB - 122 (Tue) SLB - 122 (Thu) Grade mode: graded CRN: 20356
Exam: 5/04/2015 - 5/14/2015 Questions available online Name or Id: Id Length: 4 hour(s)
Notes: You may use the "search" (control-F) function of your computer in consulting your notes during the exam.