General Course Descriptions for Terms: taxation
730 - Federal Law & Indian Tribes
The study of the relationships between Federal, state, and tribal governments, the source and scope of their respective sovereignties. Provides a comprehensive survey-level knowledge of the broad sweep of American history and Federal laws dealing with Indian tribes, including sovereignty (territory and property, peoples, and legal recognition), jurisdiction (criminal, regulatory, civil cause of action), and varied topics, such as gaming, PL- 280, taxation, water, sovereign immunity, and governance.
734 - Trusts & Estates
"TNE" is a survey course on the legal and real-world aspects of transmission of property, usually at death. It covers such topics as intestate succession (dying without a will), wills, trusts and will substitutes, limitations on the disposition of assets and the impact of the Marital Property Act, powers of attorney and end-of-life decision making, and basic issues in the taxation of gifts and transfers at death. In addition to legal fundamentals, the course has a strong focus on legal practice"i.e., on how the law plays out on the ground.
742 - Taxation I
Provides an introduction to important topics related to U.S. federal income taxation. The course has three main goals: (i) increase knowledge of significant U.S. federal income tax provisions that affect individuals, (ii) improve statutory interpretation skills, and (iii) build a foundational understanding of key tax concepts relevant in advanced tax courses (such as Taxation II).
840 - Taxation II
This course introduces federal income tax issues relating to business organizations. It emphasizes statutory analysis and makes extensive use of the problem method. We will study the corporate income tax system for the half of the semester, and the partnership income tax system for the rest of the semester. In addition to learning the fundamentals of corporate and partnership taxation, this course focuses on reading and interpreting the Internal Revenue Code and statutory analysis.
870 - International Tax
An introduction to international tax issues. Topics covered include tax treaties, foreign tax credit provisions, Subpart F rules, and taxation of inbound investment and business income. Course Objectives This course is organized to provide a challenging introduction to the U.S. income taxation of international transactions. At the completion of this course, you will know the fundamentals of international taxation so that you should be able to (1) spot international tax issues as an international counsel or as a general tax advisor and (2) think in greater depth about the issues so you can pursue specialization in international taxation through additional educational opportunities. Other objectives of the course include increasing your ability to work with others and enhancing your ability to respond to client questions.
940 - Constitutional Law I (3Ls only)
Powers of government, state and federal, under the Constitution of the United States; relations between federal and state authority (e.g., taxation and regulation of interstate commerce); relations between branches of the federal government; limitations on governmental authority by virtue of a distribution of power.
957 - Intro to Estate Planning
This course generally reviews principals covered in Property, Trusts and Estates and some Taxation, and asks students to apply those principals to specific estate planning situations. Students will spend the semester drafting documents that make up an estate plan for their "clients," and in turn will gain the practical tools required to prepare an estate plan that meets clients' needs with regard to disposition of assets, potential tax savings and efficiency in estate administration. Student Learning Outcomes. It is our goal and expectation that at the completion of the course students will demonstrate: � The ability to draft basic estate planning documents including revocable trusts, wills, powers of attorney and marital agreements. � The ability to communicate with future clients regarding their estate planning needs.