Fundamentals of Corporate Taxation - 10th Edition - Stephen Schwarz

Description

Fundamentals of Corporate Taxation 10th Edition Stephen Schwarz ISBN 9781642428780

The Tenth Edition of this widely adopted casebook continues its legacy of making the complex subject of corporate taxation accessible through clear explanatory text, thoughtfully constructed problems, and a rich blend of original source materials, Code provisions, and Treasury regulations. This comprehensive revision incorporates all major developments since the previous edition, with particular attention to changes introduced by the 2017 Tax Cuts and Jobs Act (TCJA).

Key updates in the Tenth Edition include:

• An in-depth analysis of how the 21% corporate tax rate, reduced individual income tax rates, and the new 20% deduction for qualified business income under § 199A affect entity choice and tax planning strategies.
• A revised examination of corporate capital structure in light of the lower corporate tax rate and new limitations on the deductibility of business interest under § 163(j).
• Updated coverage of corporate divisions under § 355, including recent IRS shifts in ruling policy and proposed regulations regarding transactions involving substantial nonbusiness assets or cash.
• Technical amendments to Subchapter C, such as changes to the definition of capital contributions, adjustments to the dividends received deduction and net operating loss rules, and modifications to continuity of interest valuation standards.
• Expanded discussion of S corporation issues, featuring a new problem on the § 199A deduction and guidance on the requirement that shareholder-employees receive reasonable compensation.

This edition is designed to support students’ understanding of fundamental corporate tax principles while equipping them to analyze contemporary tax planning challenges.

Fundamentals of Corporate Taxation 10th Edition Stephen Schwarz ISBN 9781642428780 & 978-1642428780