Fundamentals of Corporate Taxation (University Casebook Series)

The eighth edition of 'Fundamentals of Corporate Taxation' continues its tradition of teaching the intricacies of a highly complex subject with clear and engaging explanatory text, skillfully drafted problems, and a rich mix of original source materials. It covers significant developments, including the impact of changing tax rates, regulations on various corporate-shareholder transactions, and the codification of the economic substance doctrine. The book also discusses design options for fundamental corporate tax reform and includes a revised chapter on capital structure with new cases and expanded coverage of hybrid instruments. It features a full text of a 2008 published ruling on the application of the step transaction doctrine to multi-step acquisitions, reorganized problem sets, and more efficient coverage in a transactional setting. The content is tightly edited to prune dated materials and technical minutia, ensuring a focused and up-to-date learning experience. /n/nThis casebook is designed to provide a thorough understanding of corporate taxation, making it an essential resource for students and professionals in the field. It includes a mix of original source materials, problems, and cases to illustrate the application of the Code and regulations. The eighth edition highlights the latest developments and reforms, ensuring that readers are well-equipped with the most current knowledge and practices in corporate taxation. The book's clear and engaging explanatory text, along with its skillfully drafted problems, makes it a valuable tool for both teaching and practical application.