John B. Goddard School of Business and Economics 321 MTAX 6410 - International Taxation Credits: (3) Typically taught: Spring [Full Sem] Principles of U.S. taxation applicable to inbound and outbound international transactions. Also covers issues related to international tax treaties. MTAX 6420 - Taxation of Gifts, Estates, & Trusts Credits: (3) Principles of estate & gift taxation and valuation. Also includes wills and intestate succession and income taxation of estates and trusts. MTAX 6425 - Tax Practice, Procedure & Ethics Credits: (3) Typically taught: Spring [Full Sem] Detailed study of tax procedure in the context of a tax practice. Also covers legal and ethical requirements applicable to tax practitioners and their clients in complying with tax laws. MTAX 6430 - Advanced Individual Taxation Credits: (3) Typically taught: Fall [Full Sem] In-depth coverage of advanced individual tax issues such as alternative minimum tax, loss limitations, real estate transactions, stock options, employment taxes, tax credits, charitable contributions, interest classification, related-party transactions, and timing of income/loss recognition. MTAX 6440 - Exempt Entities & State & Local Taxation Credits: (3) Typically taught: Summer [Full Sem] Nonprofit corporations, public charities, private foundations, excise taxes, unrelated business income, and compliance issues for tax-exempt entities. State income taxation, nexus, constitutional limitations, sales tax, excise tax, property tax, and other current state and local tax issues. MTAX 6450 - Real Estate Taxation Credits: (3) Typically taught: Spring [Full Sem] In-depth study and analysis of the taxation of real estate transactions. Covers topics such as like-kind exchanges, personal residences, real estate development, passive loss rules, involuntary conversions, casualty losses, and real estate investment trusts. MTAX 6460 - Advanced Corporate Taxation Credits: (3) Typically taught: Spring [Full Sem] Summer [Full Sem] Income taxation of corporations and shareholders. Includes in-depth analysis of tax issues related to corporate formations, operations, distributions and liquidations. Also covers the taxation of S corporations. MTAX 6470 - Advanced Partnership Taxation Credits: (3) Typically taught: Fall [Full Sem] Summer [Full Sem] Income taxation of partnerships and partners. Includes in- depth analysis of tax issues related to partnership formations, operations, distributions and liquidations. Also covers issues related to limited liability companies. MTAX 6480 - Retirement Planning & Employee Benefits Credits: (3) Typically taught: Fall [Full Sem] Consideration of tax, insurance, investment and estate planning principles from a retirement perspective. Includes discussion of sources of retirement income and anticipated retirement expenses. MTAX 6490 - Mergers, Acquisitions and Consolidations Credits: (3) Typically taught: Summer [Full Sem] In-depth coverage of advanced corporate tax topics such as tax-free corporate reorganizations, taxable stock acquisitions, taxable asset acquisitions, affiliated groups, consolidated returns, and corporate tax shelters. Prerequisite: (Recommended) MTAX 6460 . School of Accounting & Taxation Department Chair: David Malone Location: Wattis Business Building, Room 221 Telephone Contact: Patricia Glover, 801-626-6072 Professors: Jefferson Davis, David Malone, Richard McDermott; Associate Professors: Larry Deppe, Matthew Mouritsen, Ryan Pace; Assistant Professor: Eric Smith; Instructor: Loisanne Kattelman The School of Accounting & Taxation creates a synergy between accounting, business, and economic theory and contemporary practice to prepare working professionals and full-time students for careers in a global, culturally diverse, information-driven economy. Three principles are central to our mission: Education - The first, and foremost, is fostering learning through excellent teaching, individual attention, and scholarship, which develops, assesses, and disseminates good practice. Weber State University 2013-2014 Catalog