Course Description: This course discusses the treatment of built-in gains and built-in losses and the application of the limitation to corporations in bankruptcy.

Course Level: Basic

Course Prerequisites: I.R.C. §382 Limitation, Part I

Delivery Method: Self-study

At the end of this course, you will be able to: 

• Understand the treatment of built-in gains and built-in losses that are recognized after an ownership change; and 
• Understand the special rules of the Section 382 limitation for corporations that experience an ownership change through bankruptcy.

CPE

1

CLE

N/A