Consolidated Tax Returns

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Overview

Subject area

TAX

Catalog Number

9874

Course Title

Consolidated Tax Returns

Department(s)

Description

The focus of this course is on the consolidated return regulations and Section 482. Analysis of eligibility to file, taxable years, income included in returns, inter company transactions, special inventory adjustments, allocation of tax liability, limitation on certain deductions including separate return limitation year, built-in deductions, consolidated return change of ownership, computation and limitations on net operating losses, inter company distributions, investment in subsidiaries, excess loss accounts, deemed dividend elections, accounting methods and periods, and inventories.

Typically Offered

Fall, Spring, Summer

Academic Career

Graduate

Liberal Arts

No

Credits

Minimum Units

3

Maximum Units

3

Academic Progress Units

3

Repeat For Credit

No

Components

Name

Lecture

Hours

3

Course Schedule