| Course ID: | ACCT 5410/7410. 3 hours. |
| Course Title: | Taxation II |
Course
Description: | The federal taxation of business entities and owners, primarily focusing on corporations and shareholders. The tax provisions governing business entities, as well as the impact of those provisions on business decisions and choice of entity form. |
| Oasis Title: | TAXATION II |
| Prerequisite: | ACCT 5400/7400 |
Semester Course
Offered: | Offered fall and spring semester every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Have students exhibit a working knowledge of the structure and principals underlying
the federal income taxation of corporations, partnerships, estates and trusts. They
are evaluated by means of problem assignments, quizzes and written examinations. |
| Topical Outline: | 1. Working with the Federal Tax Law
2. Corporation operating rules and capital structure
3. Corporation dividend distributions and redemptions
4. Corporate reorganizations and additional taxes
5. Partnership formation, operation and distributions
6. S Corporations - qualifications and operating rules
7. Federal gift and estate taxation
8. The income taxation of estates and trusts |