Required Texts

 (1) Taxation of Business Enterprises by Peroni & Bank (Thomson West 4th ed. 2012) ISBN 978-0-314-19487-9

 (2) 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 (depending on whether you seek to access the Code or the Regulations) and type the desired section in the second box next to it.

Alternatively, you could do a Google search with the code section (I.R.C. sec. 61) or treasury regulation number (Treas. Reg. sec. 1.61-2), and the first item to pop up is usually to the Legal Information Institute at Cornell University, an open-access resource.

The format that both Bloomberg Law and LII use 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 or your hard drive 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.

I came across the following while reading, and I thought I’d share it in case it affects the decision of anyone trying to decide whether to purchase the print version of the Code & Regs or to rely only on an online version, reading it on a screen.

But we do read things differently when they’re on a page rather than on a screen. A study this year found that people reading on a screen tended to skip around more and read less intensively, and plenty of research confirms that people tend to comprehend less of what they read on screen. The differences are small, but they may explain the persistent appeal of paper.

James Surowiecki, “E-Book vs. P-Book,” The New Yorker, July 29, 2013, at 23. Also: http://www.theguardian.com/books/2014/aug/19/readers-absorb-less-kindles-paper-study-plot-ereader-digitisation and http://sciencenordic.com/paper-beats-computer-screens and http://www.sciencedirect.com/science/article/pii/S0883035512001127 

Optional Texts

I do not believe that any supplemental texts are necessary, but I know that there are some students who just do not feel comfortable without them. Hence, if you are going to spend money on them, I believe that the ones listed below are the most useful. They are relatively slim paperback “student treatises.” I do not assign material from them, but those students who buy them can read the corresponding pages covering a particular topic as a supplement to the required textbook if it makes them feel better. ; )

Corporate Taxation: Examples & Explanations by Block (Aspen 4th ed. 2010) ISBN 978-0-7355-8872-1

Partnership Income Taxation by Lyons & Repetti (Foundation Press 5th ed. 2011) ISBN 978-1-59941-382-2

Taxation of S Corporations by Kahn, Kahn, & Perris (Thomson West 2008) ISBN 978-0-314-18492-4

Class 1 Assignment: p. 1-5, 15-25, two short attachment handouts: Martin A. Sullivan, Time to Take a Fresh Look at Corporate Integration?, 141 Tax Notes 680 (2013), and Martin A. Sullivan, Corporate Tax Reform for Millennials, 149 Tax Notes 1103 (2015).