LLM 350A

Taxation of Foreign Persons with US Activities

3 Unit(s)

Examines business and investment transactions by nonresident alien individuals and foreign corporations earning income in theed State (inbound transactions) including: residence for income taxation, sources of income, sources and allocation of deductions, US taxation of passive income by nonresident aliens and foreign corporations, the branch profit tax and gains of foreign taxpayers from the sale of US Real Property. Cross-listed with and equivalent to TA 350A. (JD students seeking to enroll must obtain the approval of the program director.) Prerequisite: LLM 321.