International Taxation of Business
This course examines the U.S. tax laws applicable to multinational businesses, foreign currencies, and international business transactions of many kinds. It introduces students to source rules, the foreign tax credits system, and controlled foreign corporations, export trade corporations, and domestic international sales corporations. The impact of bilateral tax treaties between the United Sates and its trading partners and the impact of other tax treaties such as the E.U. tax harmonization efforts will be discussed.
Prerequisite: Federal Income Tax: Individual (TAX 100). Open to both J.D. and LL.M. in Taxation students.