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 2017 ed.) (ISBN 978-1-63460-434-5). 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 2016 edition of the Selected Sections Code & Regs from last year’s tax classes can continue to use it. I shall try to alert you to any changes in law not reflected in your 2016 edition.

Class 1: 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).

See you on August 23rd!