Taxation of S Corporations in a Nutshell
Authors:
Kahn, Douglas A. / Kahn, Jeffrey H. / Perris, Terrence G.
Edition:
1st
Copyright Date:
2007
- Publication Date: December 10th, 2007
- ISBN: 9780314184924
- Subject: Taxation
- Series: Nutshells
- Type: Overviews
- Description: This book covers the following topics: the qualification requirements for a subchapter S election, the allocation of tax items among the shareholders, the effect of those allocations on a shareholder’s basis in stock and debt, the limitations on the deduction of pass-through items, the treatment of corporate distributions, the voluntary and involuntary termination of subchapter S status, the treatment of the year in which a subchapter S election is terminated, the limited availability of certain subchapter S provisions after a subchapter S election is terminated, and the taxation of an S corporation’s passive investment income and built-in gains.
