Faculty at the School of Law
Professor J. Martin Burke
Visiting Assistant Professor Julie Sirrs
This course examines in detail the tax consequences associated with the formation, operation and liquidation of corporations, including Subchapter S corporations. The course emphasizes the nonrecognition rules associated with corporate formation, dividend distributions, stock redemptions, corporate liquidations, the eligibility rules for S corporation status, the operation of the S pass-thru structure, and special rules regarding S corporations that have C corporation history. This course is recommended for all students planning to practice in the business and property transaction areas.