Courses

Emphasizes the fundamentals of the federal income tax system and examines its impact on the individual. Prerequisites: Restricted to Professional Year 1, 2, or 3 Law students only.

Studies the tax system as the nexus of politics and economics. Examines how various interests and entities use the many tools of political power to shape the tax system. Intended for those interested in politics and legislation, rather than for the tax specialist.

Studies federal income taxation related to taxable corporations, the entities through which a large part of the economic activity in the U.S. is conducted. Includes creation, operation, distributions, sale of interests, and liquidation. Prerequisites: Restricted to Law students only.

Studies federal income taxation of pass-through entities such as are used by most small businesses in the U.S. Includes creation, operation, distributions, sale of interests, and liquidation. Prerq., LAWS 6007.

Analyzes federal estate and gift taxation of inter vivos and testamentary transfers, introduces income taxation of estates and trusts, and involves elementary estate planning. Prerequisites: Restricted to Law students only.

Discusses problems and solutions for owners of various-sized estates and different types of assets including jointly-held property, stock in closely-held corporations and farms, analysis of federal taxation of generation-skipping transfers in trust, postmortem estate planning, and drafting of trusts and wills. Prereqs., LAWS 6104 and LAWS 7207. Prerequisites: Requires pre-requisite courses of LAWS 6104 and 7207.

Covers basic aspects of the United States taxation of income earned abroad by its citizens and the taxation of income derived by foreign persons from U.S. sources, including the implications of income tax treaties. Prereq., LAWS 6007 or 6157. Same as ACCT 6780.

Explores current issues in tax policy. Topics may include the tax legislative process, consumption taxes, taxes and distributive justice, the tax exemption for nonprofits, carbon taxes, corporate taxes and integration, and taxes and entrepreneurship. Prereqs., Federal Income Tax and LAWS 6109. Prerequisites: Restricted to Law students only.

Studies federal income taxation of pass-through entities such as are used by most small businesses in the U.S. Includes creation, operation, distributions, sales of interests, and liquidation. Restricted to Law students only. Prerequisites: Restricted to Law students only.