Section 338 Elections: An Overview
Learning objectives

After completing this course, the learner should be able to:

  • Describe the various types of transactions for U.S. federal income tax purposes, and the purpose of section 338.
  • Identify the different types of section 338 elections and when they are available.
  • Identify the key components of comparing making a section 338 election vs. not making the election.
  • Understand how 338 elections work in the context of a foreign acquisition.
  • Identify other related considerations such as section 336(e) elections, section 197, etc.
Instructor Mike Shuman

Instructor bio

Mike Shuman

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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