Southern Polytechnic State University

Undergraduate Academic Catalog 2012-2013

ACCT 4562

Prerequisite: ACCT 4560

3-0-3

Concepts and principles governing the federal income taxation of partnerships. corporations and their shareholders. The source and application of U.S. tax authority as it relates to the formation, operation, and liquidation of a corporation. The S Corporation is explored as an alternative to the regular corporation and other modes of operation.

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