Curriculum Guide · Courses

Professors Stephen Cohen and Michael Doran

J.D. Course 422 | 4 credit hours

This course is a continuation of Taxation I. The course examines income tax aspects of the formation and liquidation of corporations and interim distributions to shareholders. It also concerns the sale of a business operated in corporate form. While the focus is on the traditional corporate form, it is contrasted with alternate forms of business operation--partnerships and subchapter S. NOTE: Students who plan to take the Business Planning Seminar or the course in Venture Capital, Private Equity, and Entrepreneurial Transactions should take Taxation II, a prerequisite for that seminar and course, as early as possible in their upperclass years.

Prerequisite: Taxation I.

Students may not receive credit for both this course and the graduate courses, Corporate Income Tax Law I or Corporate Income Tax Law II.

Note for foreign-educated LL.M. students only: Any section of Taxation II satisfies the Corporate Income Tax Law I requirement for the LL.M. in Taxation. U.S. educated Taxation LL.M. students may petition the Director of the Graduate Taxation program to take this course instead of Corporate Taxation I.