COURSE NUMBER & NAME: 334 Federal Taxation of Business Enterprise

CREDIT HOURS: Three (3) REQUIRED: no ELECTIVE: yes

PREREQUISITES (Required): Income Tax.

PREREQUISITES (Advised): Business Organizations.

WHEN OFFERED:

SUBSTANTIVE COVERAGE AND OBJECTIVES OF COURSE:

The course focuses on the federal income tax aspects of corporate formation, capital structure, distributions to shareholders, redemptions of shareholders, liquidations, taxable acquisitions and reorganizations, and nontaxable reorganizations.

RELATION TO OTHER OFFERINGS IN CURRICULUM:

Income Tax, Partnership Tax, and Business Organizations.

RELATION TO BAR EXAM SUBJECTS:

None

RELATION TO CAREER OPPORTUNITIES:

Tax and business lawyers.