The goal of this book is to not get lost in the flood of tax changes, but to quickly gain a good overview. The clear structure, numerous examples, and relevant case law make it a valuable reference work for students and practitioners. The 22nd edition includes all relevant legislative changes and current case law. Current in the 22nd edition: loss offset option in capital assets, supplementary balance sheets in share acquisitions, allocation rules for small businesses, interim taxation for private foundations, minimum taxation law, chain transactions, new small business regulation, new share consolidations in real estate transfer tax, and new case law.