ACCT615

This course will expose the student to advanced topics in taxation including estates, trusts and taxation of corporations at both the multistate and international levels. Taxation of non-profits will also be studied. We will look at how estate, gift and trust issues for individuals are used for individual tax planning. Planning for corporations will include choice of business form as well as inversions as part of the strategy to reduce business taxation. The course will also consider alternate forms of taxation such as a national sales tax, a value added tax (VAT) and the idea of a flat tax. Tax administration and practice will be looked at.