This course is the first in a series of four courses covering the significant areas of corporate transactional taxation, including corporate organizations, dividends and other non-liquidating distributions, stock redemptions, liquidations, spin-offs and other corporate divisions, reorganizations and tax attributes.

This course focuses deeply on corporate organizations and contributions of property to corporations, and non-liquidating distributions (including dividends). It reviews in detail the tax implications to all affected parties, including shareholders as well as the participating corporations. In addition to discussing the key US tax provisions, regulations and case law, it describes planning considerations and discusses how the relevant rules apply to common fact patterns.

This course is ideal for tax professionals, financial accountants and management accountants that wish to develop or refresh expertise in corporate transactions. CFOs and other finance professionals who have some familiarity with tax and wish to increase their understanding of the area will also find it useful. 

Course Series

This course is included in the following series:

3 CoursesCorporate Transactional Taxation

  1. Corporate Transactional Tax I - Corporate Organizations, Contributions, Dividends and Non-liquidating Distributions
  2. Corporate Transactional Tax III - Corporate Liquidations, Section 338 and Acquisitions, Spinoffs and other Divisions
  3. Corporate Transactional Tax IV - Corporate Reorganizations, Carryover of Corporate Tax Attributes, and Limitations on Usage of Corporate Tax Attributes
Learning Objectives
  • Identify nontaxable corporate contributions and different types of non-liquidating distribution transactions.
  • Identify how corporate contribution and distribution transactions are taxed, under the Internal Revenue Code and interpretative authorities (including regulations and case law).
  • Explore planning and structuring considerations and potential pitfalls concerning those transactions. 
Last updated/reviewed: March 28, 2024
8 Reviews (40 ratings)


Member's Profile
The problem is with the exam questions. Many of the exam questions are poorly drafted and the answers that are expected are in fact incorrect! For example, how can one know if a distribution is taxable as ordinary income if the E&P of the corporation is not known?

Anonymous Author
This course exam is too difficult for the material actually covered in the instruction. This should be a 2-credit course. I listened to it once, reviewed the slides separately and then still had difficulty with the exam.

Anonymous Author
Agree with prior comment that final exam was too difficult given course content/examples provided. Need more examples, particularly over the dividends to the various classes of stock.

Anonymous Author
Way too high level of an overview for the CPE questions asked.

Member's Profile
Good topic, but not enough time to cover topic sufficiently.

Anonymous Author
this was a good course on corporate transactional taxation.

Anonymous Author
Great course and content! Very informative! I recommend it!

Anonymous Author
thanks bro

Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
Corporate Transactional Tax I
  Transfer of Property11:57
  Treatment of Liabilities 17:02
  Dividends and Other Non-Liquidating Distributions 16:38
Continuous Play
  1 Corporate Transactional Taxation I53:44
  Slides: Corporate Transactional Tax IPDF
  Corporate Transactional Tax I Glossary/IndexPDF