Curriculum Guide · Courses
Taxation of Partnerships
Professor Linda Carlisle
LL.M Course 942 | 2 credit hours
Examines in-depth the provisions of Subchapter K of the Internal Revenue Code and the regulations thereunder. Attention is given to the tax issues arising upon the formation, operation and liquidation of a partnership, including the consequences of acquisitions of partnership interests, compensating the service partner, distributions by the partnership to partners, the optional adjustment to basis of partnership property, and the transfer of partnership interests.
Prerequisite: Taxation I.
Students may not receive credit for both this course and the J.D. course, Taxation of Partnerships (LAWJ 362).