Tax: Advanced Corporate Tax
LAW 698 Section 61
Deborah A. Geier
Greetings, all! Advanced Corporate Tax will meet on Tuesdays and Thursdays from 6:00 to 7:15 in Room 204.
Required Texts
- Taxation of Business Enterprises by Peroni & Bank (Thomson West 4th ed. 2012) (ISBN 978-0-314-19487-9)
- Access to the Internal Revenue Code & Regulations. In class, I shall be using Selected Federal Taxation—Statutes and Regulations (West 2016 ed.) (ISBN 978-1-63459-483-7). Alternatively, however, you may avoid this cost by accessing the Code sections and related Treasury Regulations that we shall study online. In particular, your Bloomberg Law account provides ready access under “Practice Centers—Tax.” In the first box on the right, select Internal Revenue Code or Treasury Regulations and type the desired section in the second box next to it. The format that Bloomberg Law uses is easy to read, with the sorts of indentations and set-offs that you see in printed versions (including the Selected Sections book). You will not be able to access the internet during the final exam, however, so those of you choosing online access may wish to print out some of the Code sections and Treasury Regulations that you wish to have with you during the final exam.
Those who have the 2015 edition of the Selected Sections Code & Regs from last year’s tax classes can continue to use it, as no major changes were enacted by Congress since the 2015 edition to the provisions that we shall be studying in this course.
Optional Text
I honestly do not believe that you need to spend money on any optional text, but I know that some students need that security blanket. If you are determined to spend extra money, this text is better than most.
Corporate Taxation: Examples & Explanations by Block (Aspen 4th ed. 2010) (ISBN 978-0-7355-8872-1)
First Class Assignment
We jump right in, with the first class covering taxable corporate acquisitions. Review from Tax II §§ 351(a); 331(a); 332(a); 336(a); 337(a); 334(a), (b). Read p. 352-68 of the text and §§ 338(a), (d)(3), (h)(3), and (h)(10).