PARTNERSHIP TAXATION I & II
(LAWN-4042) - 4 UNITS

Fundamentals of federal income taxation of partners and partnerships, including classification, formation, operations, distributions, disposition of partnership interests, partnership terminations, and the drafting of partnership agreements. Advanced topics in the federal income taxation of partners and partnership, including allocations, related-party transactions, the hot asset rules, problems arising out of the death or retirement of a partner, partnership level audits, and international partnerships.

Tax LLM Course  

Prerequisites:
Income Taxation I (LAWN-4001) 
or
LAW-4N01 
or
Income Taxation I (LAWN-4001) 
or
LAW-4N01 
or
Introduction to Income Taxation (LAWN-1010) 
or
LAW-1N10 
or
Income Taxation Intensive (LAWN-4099) 
or
LAW-4N99