Discussion Question Instructions: Answer each individual question with no less than 130 words. If you use a reference please add.
1. Discuss the Earnings & profits (E&P)
calculation. What is the importance of this calculation?
2. What are some tax consequences of forming a corporation?
3. What are the different forms of taxable and tax-deferred acquisitions.
4. Is limited liability or double taxation fair? (personal view)
5. What are the tax consequences to shareholders receiving a stock distribution?
6. What are some transactions subject to tax deferral?