The course will provide an introduction to the taxation of partnerships and limited liability companies. The course will concentrate on the basic principles applicable to formation of partnerships; the determination of partnership income and loss and the allocation thereof among the partners; and the treatment of sales and exchanges of partnership interests and distributions of money and property from partnerships. During the course, consideration will be given to the tension between the use of partnerships as a tax planning devise and the need to curb potential abuses. Both the lectures and classroom discussion will center on how tax policy issues help to explain and support the technical statutory and regulatory rules.
Section Offerings for 2012-13
|S. Rosow||MW 2:50 PM-4:10 PM||WJWH 101|
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