ACC6073
Fall, 2011
Bittker and Eustice--Reading and Homework assignments

NOTE:  This is not a complete list of assignments.  It does not include e.g. the student
presentation and tax return that will be assigned.  Due dates for these will be announced in class. 

1.  Lesson 1:  Introduction/Definition of a Corporation
		 B&E sections 1.01, 1.05 (pp 3-6, 13-25)
		      Sections 2.02-2.07, 2.10 (pp 8-46, 49-51)
				Problems: 1 thru 5

2.  Lesson 2A: The Corporate Income Tax (Overview)
		B&E sections 	1.02-1.04, 1.07, (pp6-13)
			        	5.01-5.03(1), 5.09, (pp 4-15, 86-90)
			        	6.01-6.02, 6.06, 6.08, 6.11, (pp 4-15, 25-37, 45-49, 78-81)
			        	7.01 (p 2-5)
				Problems: 1 and 2 

3.  Lesson 2B:  Corporate Income Tax, Div Rec'd Deduction, Controlled Corps.
		 B&E sections 5.01, 5.05 (pp 4-8, 43-56)
				13.02 (pp 13-23)
				Problems: 1 and 2 

4.  Lesson 3A:  Organization of a Corporation/Section 351 and related problems
		  B&E sections 3.01-3.03, 3.07-3.09, 3.12(1, 2, 4, 5), 3.15(1) 
				(pp 4-18, 43-55, 67-70, 71-73, 87)
				5.06(1), 5.07 (pp 56-60, 73-74)
				Problems 1-4

		  B&E sections 3.04, 3.12(3) (pp18-20, 70)
				4.25 (pp 75-83)
  				Problems 5-6

5.  Lesson 3B:  Boot, Basis, Debt, "Midstream" Issues
		  B&E sections 3.05, 3.10 (1,2,4), 3.11 (1,2,4,5,6) 3.12 (5), 3.13, 
				3.14	(pp 20-24, 55-59, 61-64, 65-67, 73-86)  
				Problems 1-3

		B&E sections 	3.05 (3, 4)
				Problems 4-5

		B&E sections	3.06, 3.10 (3), 3.11 (3), 3.16-3.18 (pp 25-41, 59, 64,
				 90-100)
				Problems 6-8

6.  Lesson 4:	Corporate Capital Structure:  Debt vs Equity
	  	B&E Sections 	1.08 (pp 35-40)
				Problem 1

		B&E sections	4.01-4.03 (1-2) (pp 4-32)
				Problem 2

		B&E sections	4.04 (1-7) (pp 41-49)
				6.02(3), 6.06(4) (pp 10-13, 30-35)
				Problems 3-4

7.  Lesson 5A:  Dividends and Other Non Liquidating Distributions (In General)
		B&E sections	8.01-8.02 (pp 6-17)
				Problem 1

	         	B&E sections	8.03-8.04 (pp 18-38)
				Problems 2-4

	         	B&E sections	8.07 (1) (pp 59-64)
				Problems 5-6

	         	B&E sections	8.07 (2) (pp 64-69)
				Problems 7-8
	         
	         	B&E sections	6.04, 6.06-6.08 (pp 17-22, 25-49)
				Problem 9

8.  Lesson 5B:  Distributions in Kind and Constructive Distributions
		B&E sections	8.20-8.22 (pp70-89)
				Problems 1-2 

		B&E sections	4.21(1) (p. 55-57)
				8.23  (pp. 89-92)
				Problem 4

		B&E sections	8.05 (pp39-58)
				Problems 5-8 

		B&E sections 	review 6.06-6.08 (pp25-49)
				Problems 9-10

9.  Lesson 6A:  Stock Redemptions and Partial Liquidations (In General)
		B&E sections	9.01, 9.02(1), 9.03, 9.05, 9.20-9.22 (pp 4-15, 22-27, 36-43,
				 95-103)
				Problems 1-5

		B&E sections 	9.02 (pp 12-21)
				Problems 6-9 (skip 8b alternative, 8d, 8e)

10.  Lesson 6B:  Termination of Interest, Partial Liquidations, Related Matters 
		 B&E sections	9.04 (pp 27-36)
				Problems 1-2 (a,b,c)

		B&E sections	9.06, 9.23, 9.24 (1-3)  (pp 43-49, 103-109)
				Problems 2 (d,e,f,g,h)

11.  Lesson 9A:  Reorganizations
		 B&E sections 12.01-12.05 (pp 8-24)
				Problem 1
		 B&E sections 12.21, 12.24, 12.40, 12.42, 12.43, 12.44, 12.61(2)
				 (pp 25-47, 76-90, 181-183, 195-205, 210-237, 247-252)
				Problems 2-4
				 	
11.  Lesson 8A:  Complete Liquidations (In general)
		  B&E sections	10.01-10.03, 10.06-10.08 (pp 6-22, 45-58)
				Problem 1 (a, b)

		  B&E section 	6.09(5) (pp 57-58)
				Problem 1(c)

		  B&E sections 10.04-10.05  (pp23-45)
				Problems 2-6

12.  Lesson 8B:  Subsidiary Liquidations and Section 338
		  B&E sections 10.20-10.22  (pp58-80)
				14.20-14.21(2) (pp  19-23)
				Problems 1-2 

		  B&E section	10.42 (pp112-135)
				Problems 3-4

		  B&E section 	10.23 (pp81-83)
				Problems 5-6

		  B&E section 	10.24 (p 83)
				Problem 8

		  B&E sections 12.63(2) (pp 273-282)
				14.40 (pp41-42)
				Problem 9