ADVANCED CORPORATE REORGANIZATIONS (TAX 410) (2 CREDITS)

This course examines the tax consequences of various forms of taxable as well as nontaxable mergers and acquisitions. The economic effect of the tax treatment of the parties to the transaction (including treatment of boot, basis provisions, assumption of liabilities, carryover of corporate tax attributes, and restrictions on loss companies) and its impact on decision-making and negotiation as well as the relevant IRC provisions are studied in detail. Opinions of tax counsel and other documents important to the tax planning process are reviewed. Combines lectures, research, and writing.

Prerequisite: Federal Income Tax: Corporate (TAX 110) or equivalent.

Fall 2007.