Partnership Tax (JD/Gen.LLM) (724-1)

Instructors

Sarah Beth Lawsky
312/503-1855
sarah.lawsky@law.northwestern.edu

Meeting Info

Rubloff Building 203: Thurs 8:50AM - 10:15AM

Registration Requirements

Basic Federal Income Taxation is a prereq

Learning Objectives

This course serves as an introduction to the federal taxation of entities taxed as partnerships. By the end of this course, you should have a better understanding of the basic principles of how the U.S. tax system treats entities taxed as partnerships. We will also discuss some tax policy issues related to these principles. Finally, this course serves as an advanced study of how to read and analyze complex statutory and regulatory language.

Teaching Method

Lectures are prerecorded; in class we work problems together.

Class Materials (Required)

Schwarz, Lathrope, & Hellwig, Fundamentals of Partnership Taxation (11th ed. 2019), ISBN 978-1642428773

CCH, Federal Income Tax, Code & Regulations - Selected Sections (2022-2023 edition), ISBN 9780808057345 (or any other relatively current edition of the relevant selected sections of the Federal Income Tax Code and Regulations)

Class Materials (Suggested)

Cunningham & Cunningham, The Logic of Subchapter K (6th ed. 2019), ISBN 978-1642429794

Wootton & Lawsky, Partnership Taxation (2d ed. 2019), ISBN 978-1684671144.
There are a large number of copies of this book on reserve at the library. Additionally, you can access this book for free through Westlaw.

Class Notes

This course is a "flipped class," in which you view lectures on your own and do group exercises and activities in class.

Class Attributes

Business/Corporate transactions an element
Taxation Practice Area present in course

Enrollment Requirements

Enrollment Requirements: Basic Federal Income Tax is a pre-requisite for this course.