504 Taxation (Sprysak)

LAW 504

Taxation Law

(Sprysak)

Prerequisite courses: None

Prerequisite for: International Taxation (LAW 603) / Estate Planning (LAW 660) / Corporate Taxation (LAW 665)

Instructor(s): Professor Chris Sprysak

Course credit: 3

Method of presentation: Lecture

METHOD OF EVALUATION

The final grade for the course will be based on the following components:

Online Unit Quizzes 20%

Midterm Examination 30%

Final Examination 50%

The Unit Quizzes will each consist of 5 multiple choice, true/false, and/or matching questions randomly selected by eClass from a Question Bank . To get full credit for each Quiz, the student will have to get at least four of the five questions correct. These Quizzes can be attemptedas many times as the student wishes, with the highest grade used for credit purposes. These Quizzes must be completed by the end of the lastday of classes.

The midterm examination will be administered during class time and will be "fail-safe", meaning that it will only count towards the student's finalraw score and grade if the percentage is equal to or greater than the student's percentage on the final examination. If the student does better onthe final examination than on the midterm, then the final examination will count for 80% of the student's final grade and the midterm will be disregarded.

Both the midterm and final examinations will be "open book".

COURSE DESCRIPTION

This is the first and most introductory of the taxation courses offered by the Faculty. As such, it will introduce the subject of taxation and its basic principles, concepts and policies and will serve both as a stand-alone course and as a basic foundation upon which further tax knowledge and strategies will be built. While not exclusively, the course will focus on the taxation of individuals. It will be taught under the assumption that most students will not be practicing tax law once graduating from law school. The course will also take some of the basic principles learned therein and specifically apply them to other areas of legal practice such as: criminal law, employment law, family law, wills and estates, trusts and debtor-creditor law (subject, of course, to time constraints). The knowledge gained in this course will hopefully be invaluable to all students, regardless of their ultimate field of interest and area of legal practice.

SPECIAL COMMENTS

Description updated 2021-22. Please contact the instructor for any specific questions you may have related to this particular course section.

REQUIRED TEXTS (IF ANY):

None