Curriculum Guide · Courses
Taxation of Debt Instruments & Securitization Transactions I
LL.M Seminar 980 (cross-listed) | 2 credit hours
Textbook: David C. Garlock, Federal Income Taxation of Debt Instruments This class will cover the following topics: 1.Definition of Indebtedness and debt v. equity discussion 2.OID basic rules 3.Disallowance and anti abuse rules 4.Variable rate debt instruments 5.Contingent payment debt instruments 6.Market discount and bond premium 7.OID special topics 8.Sales, exchanges, redemptions and modifications of debt instruments 9.Cross border and treaty issues
Prerequisite: Taxation I. Recommended: Prior or concurrent enrollment in Corporate Income Tax I or Taxation II.
The class will be held on the following dates in Spring 2016: 1/19, 1/26, 2/2, 2/9, 2/23, 3/1, 3/15, and 3/22. Withdrawals are permitted up until the last class for this specific course. The take-home exam in this course may be administered mid-semester and the specific exam date will be provided by the professor after the add/drop period.