Strategic Business Tax Planning (eBook)

JOHN E. KARAYAN, JD, PHD, is a professor at California State Polytechnic University, Pomona. He is also a Partner at the law firm of Bond Karayan. Prior to his academic career, he was director of taxes at Informatics General Corporation (now Sterling Software); assistant tax counsel at The Parsons Corporations, and supervising specialist at Coopers & Lybrand (now PricewaterhouseCoopers). He is the Editor in Chief of the Journal of Interdisciplinary Studies as well as a member of the editorial review board (former associate editor) of Mid-Atlantic Journal of Business, Research in Healthcare Financial Management, and the Business Forum Journal. CHARLES W. SWENSON, CPA, PHD, is Professor and Leventhal Research Fellow in the Marshall School of Business at the University of Southern California, where he has taught for the last nineteen years. He holds a joint appointment at the California Institute of Technology (Caltech). His practice experience includes PricewaterhouseCoopers and Deloitte & Touche. He is a member of the AICPA and the American Economics Association, and is a cofounder of the National Tax Credit Group, LLC.

About The Authors.

Acknowledgments.

Introduction.

PART 1: STRATEGIC TAX PLANNING.

Chapter 1. A Framework for Understanding Taxes.

Chapter 2. Using the SAVANT Framework to Guide Tax Planning.

PART 2: FORMING THE ENTERPRISE.

Chapter 3. Choosing a Legal Entity: Risk Management, RaisingCapital, and Tax Management.

Chapter 4. Financing a New Venture.

PART 3: OPERATING THE FIRM.

Chapter 5. New Products: Development, Promotion, andAdvertising.

Chapter 6. Attracting and Motivating Employees and Managers:Company and Employee Tax Planning.

Chapter 7. Market Penetration: Operating in DifferentStates.

Chapter 8. Market Penetration: Company and Employee Tax Planningfor Operating in Foreign Countries.

Chapter 9. Operations Management.

Chapter 10. Financing Ongoing Operations and Tax Planning.

Chapter 11. Capital Budgeting.

Chapter 12. Financial Statement Analysis and Proactive TaxPlanning.

PART 4: CHANGING ORIGINAL FORM..

Chapter 13. Restructuring.

Chapter 14. Mergers and Acquisitions.

Chapter 15. Other Topics in Changing Original Form.

Appendix A: Basic Tax Research Skills.

Appendix B: Present Value Analysis: Lump Sums.

Index.