ACC 5110 - Taxation of Corporations and Partnerships

(3) Credit Hours

Fundamentals of federal income tax laws covering the formation, liquidation and reorganization of corporations and partnerships. Emphasis is placed on the federal income tax laws as they relate to both the entity and the owner. Students having taken a taxation of corporations and partnerships course at the undergraduate level are not eligible for credit in this course. Prerequisites: Grade of C or better in intermediate accounting and federal income tax required, equivalent to UTC ACC 3010 and ACC 3070. Differential Course Fee will be assessed. Business Graduate Course Fee will be assessed. Standard letter grade.