Study

This course is an introduction to the U.S. federal income tax treatment of business entities that are classified as partnerships and their partners under Subchapter K of the Internal Revenue Code. The course will examine the tax rules that govern the lifecycle of a partnership, including formation of the partnership; allocation of the partnership’s income among its partners (and limitations on shifting income, gain or loss among partners); distributions of cash or property by the partnership to its partners; the treatment of liabilities of the partnership; sales of partnership interests; grants of partnership interests as compensation; and liquidation of the partnership.

Enrollment Pre-/Co- Requisite Information

Pre-req information: Federal Income Taxation is a prerequisite. LLM students who have previously taken an academic course on tax law may contact Professor Marks about waiving the prerequisite.

Spring 2024

Course Number	Course Credits	Evaluation Method	Instructor
379.01	Course Credits 3	Final Exam Class participation	Noah Marks
Canvas site: https://canvas.duke.edu/courses/28358