Table of Contents
Chapter 1 - Corporate Taxation - Section 1
PSC Corporations - '441, '448, '469
Principal Activity & Substantial Performance
Passive Loss Limitations - '469(a)(2)
Qualified Personal Service Corporation - '448
Organizational Expenses - '248
Stock Issuance & Syndication Expenses
Alternative Minimum Tax Repealed
Capital Gains & Losses - '1212
Five-Step Characterization Process
Netting Capital Gains (Losses)
Netting Section 1231 Gains (Losses)
Character of Section 1231 Gains (Losses)
NOL Carryback & Carryover - '172
Dividends Received Deduction - '243
Dividends from Domestic Corporations
Charitable Contributions - '170
Carryover of Excess Contribution
Personal Holding Companies - '541
Chapter 1 - Section 1 Review Questions
Chapter 1 - Corporate Taxation - Section 2
Accumulated Earnings Tax Trap - '531
Accumulated Earnings Credit - '535
Application of Credit to Controlled Groups
Accounting for Long-term Contracts
Changing the Accounting Method
Specific Identification Method
Uniform Capitalization (UNICAP) Rules - '263A
Lower of Cost or Market Method
Corporate Liquidations & Distributions
The Old General Utilities Doctrine
Chapter 1 - Section 2 Review Questions
Chapter 1 - Section 1 Review Questions Feedback
Chapter 1 - Section 2 Review Questions Feedback