Taxation

Skills – 1 unit - This course will introduce students to the practice of conscious lawyering, including concepts in professional and personal identity, self-awareness, focus, emotional intelligence, cultural and personal values, mindfulness, meditation, and mind-body connection. This course will help train students to be mindful and aware while engaging in the practice of law including litigation, negotiations, transactional deals, client management, and day-to-day work in a law practice.

Lecture - 4 hours. This class is an introduction to the federal income taxation of business entities including corporations and partnerships. This course will examine the federal income tax relationship between corporations and their owners and will cover the transfer of funds into a corporation on formation and the re-transfer of money and property from the corporation to its shareholders.

Lecture - 3 hours. This course is an examination of the federal income tax relationship between corporations and their owners. The class will cover the transfer of funds into a corporation on formation and the re-transfer of money and property from the corporation to its shareholders. The course also considers taxable and non-taxable corporate restructuring in the form of sales, mergers, acquisitions, and divisions of corporations. 

Prerequisite: Law 220 Federal Income Taxation
Final Assessment: Exam

Discussion - 4 hours. There are no prerequisites, although this course is a prerequisite for most other tax courses. This course surveys the federal income tax system, with consideration of the nature of income, when and to whom income is taxable, exclusions from the tax base, deductions and credits, and tax consequences of property ownership and disposition.

All King Hall externships have two components. Students perform substantive legal work at a field placement, and under the supervision of a faculty advisor, complete professional development assignments. Each externship class has a syllabus outlining those requirements. See the Externship website for more information. Student externs work with the Internal Revenue Service or other governmental tax agency, such as the California Franchise Tax Board and the California Office of Tax Appeals.

Discussion - 2 hours.  This streamlined version of Trusts, Wills, and Estates is designed for students who are mainly interested in taking the course to prepare for the bar exam. It covers the basics of intestate succession and the creation and interpretation of wills and trusts under the Uniform Probate Code and the California Probate Code. Although it does not delve deeply into these issues, it sets the stage for students to master them during the bar review period.  

Discussion - 3 hours. This course will introduce students to the international aspects of taxation and how the regime bears on broader social debates. The course will begin by discussing the idea of worldwide taxation, particularly as applied to individuals and as intersecting with immigration law. Then the course will proceed to discussing source of income definitions in American tax law; concepts in inbound taxation i.e. the U.S. taxation of foreign persons; and then concepts in outbound taxation i.e. the U.S. taxation of foreign income.

Seminar - 3 hours. This seminar presents tax policy as an exploration in public finance, politics, special interests, and sociology as well as a reflection of society’s biases, priorities, perceptions of distribution and redistribution, and justice in the most fundamental sense of fairness and opportunity. It embraces the view that tax law is constructed and contingent. And it exposes students to a generation of “critical tax” scholarship, which has been influenced by critical legal studies and its progeny, including critical race theory, feminist legal theory, and queer theory.

Discussion - 3 units. This class will provide a foundation to working with state and local tax systems.  We will begin with a discussion of the main rules from federal constitutional law that govern state and local taxation.  Then, we will discuss the mechanics of the three main state and local taxes (income, sales, and property).  Finally, we will also address non-tax mechanisms for raising revenue, such as assessments and fees.  In working our way through the complex doctrine, we will keep the underlying policy issues in mind.

Lecture - 2 hours. This course will explore public finance issues from a theoretical and practical perspective. Initial readings will be theoretical as we consider what the government should do and why. We will then move on to the various bodies of law that govern public finance practice: local government law, federal securities law and federal tax law.