AC 408 - Corporate and Partnership Taxation

This course provides an in-depth exploration of corporate and partnership taxation, equipping students with the skills to navigate tax rules affecting business entities. Students will examine corporate and partnership income, deductions, and allocations, while also exploring the tax treatment of property transactions, distributions, dividends, and liquidations. The course highlights critical issues in mergers, acquisitions, reorganizations, and strategic tax planning, emphasizing compliance and ethical considerations. Students will gain the analytical tools necessary for tax reporting and informed decision-making in business taxation. Semester Credit Hours: 3.00 Contact Hours: 45/0/0/45 Prerequisite: AC 236 Managerial Accounting. Corequisite: None.