Steven Dean

4 credits

The income tax is a pervasive feature of life in the United States and lawyers encounter tax issues in virtually every field of practice. This course introduces students to the fundamental principles of the federal income tax, and its impact on a wide range of matters, including employment, tort claims, divorce, retirement, and especially business activities and investments of all types Topics include: the concept of income, determination of gross income, allowance of deductions and the determination of taxable income, identification of the taxpayer, taxable periods and timing, the determination of gain or loss (including realization and recognition) from dealings in property, the concept of income tax basis, and the process of change in the tax law. GRADING NOTICE: Professor Dean’s section does not offer the CR/NC/H option.

2 credits

Tax aspects of international business transactions, both "inbound" and "outbound", with particular attention to fiscal jurisdiction, the foreign tax credit, allocation of income among affiliated companies, treaties, anti-abuse measures aimed at tax haven operations, information reporting and foreign investment in U.S. securities and real estate. Attention to changes following the 2017 IRC amendments. PREREQUISITE/COREQUISITE: INTRODUCTION TO FEDERAL INCOME TAXATION is a recommended prerequisite, but required at least as a corequisite. GRADING NOTICE: This class does not offer the CR/NC/H option. NOTE: This course (and the final exam) is administered through the Graduate Tax Program (Room 1005). This section is for pre-registration purposes only. Students will be transferred to the Tax section (TX906) of the course during the summer.

2 credits

Undergraduate Prerequisites: TX 901 ; Undergraduate Corequisites: TX 901 - Tax aspects of international business transactions, both "inbound" and "outbound", with particular attention to fiscal jurisdiction, the foreign tax credit, allocation of income among affiliated companies, treaties, anti-abuse measures aimed at tax haven operations, information reporting and foreign investment in U.S. securities and real estate. Prerequisite or corequisite: Federal Income Taxation I.

3 credits

Taxation and Racial Capitalism will explore the ways that anti-Black racism has shaped legal rules and institutions both domestically and globally. It will illustrate the dynamics of racial capitalism by tracing the evolution of international tax rules once shaped and now sustained by racial fears, perpetuating a false fiscal scarcity that has impoverished vulnerable states and eviscerated social safety nets in wealthier ones. Cycles of liberation and backlash from Reconstruction to decolonization have granted political power and economic autonomy to formerly enslaved individuals and erstwhile possessions only to watch it be stripped away, whether through Jim Crow laws or treaties designed to constrain fiscal sovereignty. This course will tell that familiar story from an unconventional perspective. UPPER-CLASS WRITING REQUIREMENT: A limited number of students may use this class to satisfy the requirement. **A student who fails to attend the initial meeting of a seminar (designated by an (S) in the title), or to obtain permission to be absent from either the instructor or the Registrar, may be administratively dropped from the seminar. Students who are on a wait list for a seminar are required to attend the first seminar meeting to be considered for enrollment.