Review of Fundamentals of Corporate Taxation

 
Book Reviewed
Book Title
Fundamentals of Corporate Taxation
Book Author
Book Publisher
Place of Publication
Year
ISBN
Book Review Citation
Review Author
Year
1987
Publication
University of Cincinnati Law Review
Volume
55
Issue
761
Pages
-
Publisher
Language
English
License
No License (All right reserved)
URL
Updated
December 31st, 2016
Abstract

Book Review: Fundamentals of Corporate Taxation

 

Mark W. Cochran

 

55 U. Cin. L. Rev. 761 (1987).

 

The fundamentals approach of teaching corporate and partnership taxation involves selectivity of subject matter, an emphasis on basic concepts, avoidance of esoteric detail, and realistic depth of coverage. A significant characteristic of the fundamentals approach is the extensive use of problems to illustrate the operation of Internal Revenue Code provisions. Here, the fundamentals problems are terse; only essential facts are provided. The result is an efficient and often dramatic illustration of the statutory language in action.

 

The organization is traditional, beginning with the question of entity status and continuing through formation, operating distributions, redemptions, liquidations, and reorganizations. Subchapter S receives extensive treatment in a separate section. The introduction points out that four basic themes dominate subchapter C and addresses each successive topic in the context of one or more of these themes. Considering the quality of the original text materials, it is unfortunate that Congressional committee reports are used instead of original text in some parts of the book. Overall, the material is divided into manageable, building-block-sized components. 

 

Keywords: book review, fundamental approach, teaching, corporate taxation, partnership taxation, Internal Revenue Code, subchapter S, subchapter C, Congressional committee reports, use of problems, Mark Cochran.

 

Set your country here to find out accurate prices
Country:
  • Recommend Us