15 Study Guide

15 Study Guide - Distributions by C Corporations to Their...

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Distributions by C Corporations to Their Shareholders Introduction Learning Objectives "Earnings and Profits" Taxation of Shareholders on Distributions of Cash and Property What Constitutes a "Dividend" Determining What Portion of a Distribution Is a "Dividend" Calculating the Amount of a Distribution Taxation of Shareholders on Distributions of Stock and Stock Rights Constructive Distributions Redemptions of Stock Taxation of Shareholders on Stock Redemptions Constructive Ownership of Stock Rules Redemptions Not Equivalent to a Dividend Substantially Disproportionate Redemptions Redemptions Terminating a Shareholder's Interest in a Corporation Redemptions from Noncorporate Taxpayers in Partial Liquidation of a Corporation Redemptions To Pay Death Taxes and Expenses Taxation of the Corporation Making Distributions Section 306 Stock Summary Final Exam
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Course Evaluation Certificate of Completion 2008, CCH INCORPORATED. All Rights Reserved. A WoltersKluwer Company This site is designed for monitors running at a resolution of 1024 x 768 or greater. System Requirements | Terms and Conditions
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Introduction This course is one of a series of courses developed to introduce you to federal taxation. Each course takes one aspect of federal taxation, divides it into key concepts, and concisely explains those concepts. To help you understand a particular aspect of federal taxation, each course includes special learning aids: Examples - clarify what you have read. Observations - give you greater insight into the material discussed. Tests of Knowledge - help you remember what you have learned. At the end of each course, there are questions covering the course material. By successfully completing this quiz, you can demonstrate mastery of the subject.
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Learning Objectives This course explains how distributions of money, stock, and other property by C corporations to their shareholders with respect to their stock and in redemption of their stock are taxed. It does not discuss distributions liquidating a corporation or distributions as part of the reorganization of a corporation. Distributions liquidating a corporation are discussed in the course entitled "Distributions Liquidating a C Corporation." Distributions that are part of the reorganization of a C corporation are discussed in the course entitled "Reorganizations of C Corporations." After completing this course, you should be able to: Understand how a C corporation's earnings and profits affect the taxation of distributions by the corporation with respect to its stock. Determine how C corporations calculate their earnings and profits. Understand how shareholders are taxed on distributions of cash and property (other than stock in the corporation and rights to acquire such stock) with respect to their stock. Understand how shareholders are taxed when a corporation distributes its own stock and rights to acquire such stock to the
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This note was uploaded on 01/14/2012 for the course ACCT 101 taught by Professor Smith during the Spring '11 term at UT Arlington.

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15 Study Guide - Distributions by C Corporations to Their...

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