George K. Yin (Virginia) & Karen C. Burke (San Diego), Corporate Taxation (Aspen, 2011):

By focusing attention on core principles and policies, Corporate Taxation reveals all of the major patterns and themes in the field. Students learn the law from basic source material – the Code and regulations – with concise explanations to supplement the presentation. Many problems, questions, and examples help lead students through challenging material. Cases and other source materials are edited concisely, and note material is kept to a manageable length. An effective organizational structure bridges introductory concepts with those presented in advanced tax classes. The text begins with subchapter S – an area of growing, practical significance – which links individual and separate entity taxation. Using a “building-block” approach from basic to complex transactions, students grasp the notion that many complex transactions are merely combinations of simpler ones, and that transactions may be structured in different ways to achieve varied tax consequences.

Corporate Taxation is solidly up-to-date. The structure and text integrate current developments, including codification of the economic substance doctrine; the impact of corporate tax shelters and application of substance-over-form doctrine; the increased importance of pass-through tax principles; the comparable treatment of dividends and long-term capital gain; recent changes affecting acquisitive and divisive reorganizations; and policy implications of current corporate tax reform options. A comprehensive Teacher’s Manual accompanies the text.