Spring 2018
5352 Corporate Tax - WELLS- 20671

Professor(s): Bret Wells (FACULTY)

Credits: 3

Course Areas: Taxation 

Time: 2:30p-4:00p  MWLocation: 213  BLB

Course Outline: The following information is provided with respect to the Corporate Taxation course. Objective: This course will provide comprehensive treatment of the federal income tax law applicable to corporations and their shareholders. Topics to be covered include: a) The formation of corporations and transfers of assets to controlled corporations; b) The capital structure of a corporation; c) Distributions from corporations (e.g., dividends, redemptions & liquidations); d) Special types of corporations (e.g., S corporations); e) Corporate reorganizations, mergers, restructurings, etc., and f) Affiliated corporations.The objective is to consider both the technical rules and the underlying policy objectives of the corporate income tax rules, with particular emphasis on current transactions and tax planning.

Course Syllabus: Syllabus

Tax Cuts and Jobs Act of 2017

Course Notes:   

Prerequisites: Yes  Prerequisite: Federal Income Taxation

First Day Assignments: Please read the Schwarz Casebook (pp. 1-67). IN particular, please be prepared to discuss Bollinger, the requirements of §351, and Intermountain Lumber): Please also read the Tax Cuts and Jobs Act 0f 2017 (“TCJA”) Section 13601 (PDF pp.279-282 and PDF pp.864-869) and TCJA Section 13201 (PDF pp.141-151 and PDF pp.702-716).

Final Exam Schedule: 05/02 2-5pm  111 TU2    

This course will have:

Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type: no

Bar Course: No

Course Materials (1/3/2018 9:36:30 AM)

Book(s) Required

Course Materials: a. Schwarz & Lathrope, "Fundamentals of Corporate Taxation--Cases and Materials," Foundation Press (Ninth Edition, 2016). ISBN: 9781634596022. Students strongly discouraged from using prior editions. b. Federal Income Tax Code and Regulations Selected Sections 2017-2018. Author: Martin B. Dickinson Edition: 2017-2018 Edition Year: 2017. ISBN: 9780808046363. Publisher: CCH (Commerce Clearing House). c. Additional materials on course website