Corporate Taxation; Examples and Explanations

The two-step method of the Examples & Explanations Series is especially appropriate for the complex and dynamic area of corporate taxation, and this new edition delivers precisely the right information to lead students to a deeper understanding of the field. The book provides a clear, straightforward introduction to the principles of corporate taxation, as well as examples illustrating how those principles apply in typical cases: - the cradle-to-grave approach to the topic begins with incorporation and ends with liquidation, mirroring the way most corporate tax courses are taught - distinctive Examples & Explanations Series questions and answers at the end of each chapter give students - practice applying concepts covered in the text - numerous diagrams allow students to make concepts concrete The Third Edition keeps pace with rapid developments: - major new developments in the acquisitions area since 2001 are addressed in Part Five B: Tax-Free Reorganization - changes resulting from the newly passed tax legislation, particularly those relating to dividends, are covered in - detail in Chapter 1 (general tax rates) and throughout the entire text - Chapter 12 includes a new example and explanation on acquisitions transactions - all explanations now reflect the new legislation - the entire text has been thoroughly updated - further updates on tax legislation will be posted on the Web site (www.corptax-ee.com) as necessary after publication Join the many satisfied users who depend on Corporate Taxation: Examples and Explanations to show their students how classroom discussion actually applies in practice.