Taxation
We will be using materials posted below as the text for the course. On average, we will cover about 15 pages per day (that is, 30 pages per week). You must read Code sections referenced in the text as well as applicable regulations promulgated under those Code sections. In addition, please try to answer the questions and work the problems. Note that answers to the questions and problems can be found at the end of each Chapter.
For the first class, please note that the readings include this Wikipedia entry on congressional reconciliation.
- Syllabus
- Front Matter
- Chapter 1: Introduction
- Chapter 2: Recovery of Investment
- Chapter 3: Income
- Chapter 4: Timing Rules
- Chapter 5: Deductions
- Chapter 6: Attribution of Income
- Slides for Assignment of Income
- Chapter 7: Capital Gains
- Errors in the Text
Partnership Tax
- Syllabus
- Answers to Problems
- Chapter 19 Slides
- Monk Charts
- Partnership Book-Up Article
- Tax Notes Article on 707(b) and 267
- Cash and Carry Article
- Article on Rev. Rul. 99-43
- Sample Multiple Choice Questions
- Nonrecourse Debt Slides
- Extra Nonrecourse Debt Example Slides
- Discussion of Rev. Rul. 79-205
- Disguised Sales Slides
- Canal Corp. Slides
- Disguised Sale: Variation 1
- Disguised Sale: Variation 2
- Disguised Sale Problem Variation Extended
- A Short Article on Carried Interests
- Article on Sec. 736
- Essay Questions from 2017 Exam
- Section 734(b) Slides
- Section 743(b) Slides