Taxation of Business Entities

A comparative survey of the federal income taxation of C corporations, S corporations, and partnerships/limited liability companies, the principal entity choices for conducting business in the United States. Coverage includes formation, operations, distributions, sales of interests, and liquidation.
Credits: 3 or 4

Type: LEC

Additional information: Suitable for students seeking an introduction to this material as background for business or real estate practice, but without the level of detail required for a tax or corporate M&A specialist. Those students should enroll in the regular Corporate Taxation and Partnership courses.