TAX LAW

'Tax law' is the codified system of laws that describes government levies on economic transactions, commonly called taxes.

Contents

Major issues

Tax education from law schools

Tax education from business school programs

See also

Major issues

Primary taxation issues in the United States would include taxes on: income, capital gains, retirement accounts, estates, gifts, corporations, LLCs, partnerships, or taxes on specific investment products or types.

Tax education from law schools

In law schools, "tax law" is a subdiscipline and area of specialist study. Tax law specialists are often employed in consultative roles, and may also be involved in litigation. Many law schools require about 50 credit hours of study with another 30 hours of electives. Law students pick and choose available courses on which to focus before graduation with the J.D. degree in the United States. This freedom allows law students to take many tax courses such as federal taxation, estate and gift tax, and estates and successions before completing the Juris Doctor and taking the bar exam in a particular U.S. state.
There are many fine LLM or Masters in Laws Graduate programs in the United States. Many of these programs offer the opportunity to focus on domestic and international taxation. Most LLM programs require that the candidate be a graduate of an accredited law school.

Tax education from business school programs

There are hundreds of accredited business schools in the USA. Many are accredited by the AACSB or ACBSP or recognized by AAFM. These undergraduate or graduate programs may allow the student to major or graduate with a tax related degree such as a Masters in Taxation. Also, the undergraduate focus on accounting would allow a student to go the CPA track. After a student completes the individual state or jurisdictional requirements for accounting, the applicant may sit for the CPA exam.

See also

★ Taxation in the United States.

★ Taxation in the Netherlands.

★ Taxation in Australia