Course Description: This basic-level course, together with Corporate Taxation Overview -- Part I, is designed to provide a general overview of the taxation of subchapter C corporations. In Part II, the topics covered will focus on the tax consequences, to both the corporation and the shareholder, of certain transactions related to the changes in corporate structure or the winding up of the corporate operations either by sale or liquidation. 

 Course Level: Basic 

 Course Prerequisites: None 

 Delivery Method: Self-study

After completing this course you will: 

• be able to identify the seven types of reorganizations and their respective requirements;
• understand what constitutes a complete liquidation; 
• understand the tax treatment of the distributing corporation in a corporate liquidation; 
• know how liquidating distributions are taxed to the shareholders; 
• understand parent-subsidiary liquidations; and 
• understand the sale of corporate assets and stock in connection with a complete liquidation.

CPE

2.5

CLE

N/A