Multistate Corporate Income Taxation: State Tax Implications of Federal Section 338 Elections (Currently Unavailable)

Author: Michael S. Schadewald

This one CPE hour course explains the federal tax implications of Internal Revenue Code Sec. 338 elections and how those elections are treated by the states.

Note: This course does not contain audio.

Publication Date: May 2014

Topics Covered

• Requirements and consequences of a Federal Section 338 election
• How the Federal Section 338 election is treated by the states

Learning Objectives

• Explain the federal income tax consequences of making a Section 338 election
• Differentiate between the federal Section 338(g) and Section 338(h)(10) elections
• Describe the state income tax consequences of Section 338(g) and Section 338(h)(10) elections

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
None

Advance Preparation
None