Taxation of Bankruptcies and Workouts

LAW TX 936

Study of the tax and opportunities arising in bankruptcy and nonbankruptcy workouts of individuals, partnerships, and corporations. Topics include cancellation of indebtedness income from the reduction or renegotiation of debt, gain or loss recognition on foreclosures and similar property transfers, restrictions on net operating loss carryovers, special tax consequences of the restructuring of partnership debt and equity, the taxation of the bankruptcy estate and its owners and creditors, and trust fund tax penalties on officers, directors, and other individuals. Prerequisites or corequisites: Introduction to Corporate Tax and Partnership Tax I.

SPRG 2015 Schedule

Section Instructor Location Schedule Notes
A1 Allen W 6:20 pm-8:10 pm WebReg Restricted
Stamped Approval
Pre/Co-reqs:
Intro to Corp.
Tax, & Part.
Tax I.

Note that this information may change at any time. Please visit the Student Link for the most up-to-date course information.