International Taxation

Examination of U.S. taxation rules applicable to business and investment activities of foreign individuals and corporations in this country and U.S. taxation of U.S. taxpayers who invest and conduct business abroad. Specific topics will include sourcing and characterization of items of income and deductions, the branch profits tax, foreign investment in U.S. real estate, the foreign tax credit, property transfers, controlled foreign corporations, and U.S. tax treaties.

Grading and Method of Evaluation:
Letter grade with pass/fail option. Final exam.

• Federal Income Taxation