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Information about Tax Law

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

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

 •  • [ e]
Law -
Legal subjectsConstitutional and Administrative law Criminal law Contract Tort Property Trusts and Equity Public international law Conflict of laws Supranational law
Further disciplinesLabour law Human rights Procedure Evidence Immigration law Family law Wills Commercial law Corporate law Intellectual property Unjust enrichment Restitution Tax law Banking law Competition law Consumer protection Environmental law Admiralty law Military law Product liability
Legal systemsCommon law Civil law Religious law Socialist law Comparative law
Legal theoryHistory of law Philosophy of law Economic analysis of law Sociology of law
Legal institutionsJudiciary Legislature Executive Military and Police Bureaucracy Legal profession Civil society
LAW may refer to:
  • Lightweight Anti-tank Weapon, like the M72 LAW (US Army) and the LAW 80 (British Army)
  • Palestinian Society for the Protection of Human Rights (also known as LAW)
  • League of American Bicyclists, formerly known as the League of American Wheelmen

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government is a body that has the power to make and the authority to enforce rules and laws within a civil, corporate, religious, academic, or other organization or group.[1]
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economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.

The composition of a given economy is inseparable from technological evolution, civilization's history and social
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Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
Financial market participants
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LLC is a three-letter abbreviation that may refer to:
  • Limited liability company
  • Logical Link Control, in computer networking
  • Landlocked country
  • Laurentian Leadership Centre
  • Lunar Lander Challenge, a $2 million prize program funded by NASA

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Business law
Business organizations
Basic forms:
Sole proprietorship
Corporation
Partnership
(General · Limited · LLP)
Cooperative
USA:
Business trust · LLC · LLLP
Delaware corporation
Nevada corporation
UK/Commonwealth:
Limited company
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Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
Financial market participants
..... Click the link for more information.
Taxation in the United States

This article is part of the series:
Politics and government of
the United States


Federal taxation
History Internal Revenue Service
Tax Court   Tax forms

Income tax   Payroll tax
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“J.D.” redirects here. For other uses, see JD.


Juris Doctor (abbreviated J.D. or JD, from the Latin, Teacher of Law) is a professional degree in law offered by universities in a number of countries.
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Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
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Accreditation is a type of quality assurance process under which a facility's or institution's services and operations are examined by a third-party accrediting agency to determine if applicable standards are met.
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law school (or school of law) is an institution specializing in legal education.

Post-graduate law degrees

Law schools in Canada and the United States typically require three years of study after completing an undergraduate degree.
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Accountancy (profession) or accounting (methodology) is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies,
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Taxation in the United States

This article is part of the series:
Politics and government of
the United States


Federal taxation
History Internal Revenue Service
Tax Court   Tax forms

Income tax   Payroll tax
..... Click the link for more information.

Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
..... Click the link for more information.

Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
..... Click the link for more information.
Constitutional law is the study of foundational or basic laws of nation states and other political organizations. Constitutions are the framework for government and may limit or define the authority and procedure of political bodies to execute new laws and regulations.
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Administrative law (or regulatory law) is the body of law that arises from the activities of administrative agencies of government. Government agency action can include rulemaking, adjudication, or the enforcement of a specific regulatory agenda.
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Criminal law
Part of the common law series
Elements of crimes
Actus reus  · Causation  · Concurrence
Mens rea  · Intention (general)
Intention in English law  · Recklessness
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Contract Law
Part of the common law series
Contract
Contract formation
Offer and acceptance  · Mailbox rule
Mirror image rule  · Invitation to treat
Firm offer  · Consideration
Defenses against formation
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Tort law
Part of the common law series
Negligence
Duty of care  · Standard of care
Proximate cause  · Res ipsa loquitur
Calculus of negligence  · Eggshell skull
Negligent emotional distress
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Property law
Part of the common law series
Acquisition of property
Gift  · Adverse possession  · Deed
Lost, mislaid, and abandoned property
Alienation  · Bailment  · License
Estates in land
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The Law of Wills, Trusts and Inheritance
Part of the common law series
Wills
Wills  · Holographic will
Joint wills and mutual wills  · Will contract
Codicils
Parts of a Will
Attestation clause  · Residuary clause
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Equity is the name given to the set of legal principles, in countries following the English common law tradition (see English law), which supplement strict rules of law where their application would operate harshly, so as to achieve what is sometimes referred to as "natural justice.
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Public international law concerns the structure and conduct of states and international organizations. To a lesser degree, international law also affects multinational corporations and individuals, an impact increasingly evolving beyond domestic legal interpretation and enforcement.
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Conflict of laws, private international law, international private law, or international law (private), in common law systems, is that branch of international law and intranational interstate law that regulates all lawsuits involving a "foreign" law
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Supranational law is a form of international law, based on the limitation of the rights of sovereign nations between one another. It contrasts to public international law, which involves the United Nations, the Geneva conventions, or the law of the sea because nations expressly
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Labour law (also known as employment or labor law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations.
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Human rights law is a system of laws, both domestic and international which is intended to promote human rights. Human rights law includes a number of treaties which are intended to punish some violations of human rights such as war crimes, crimes against humanity and genocide.
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Legal or judicial procedure is the body of law and rules used in the administration of justice in the court system, including such areas as civil procedure, criminal procedure, appellate procedure, administrative procedure, labour procedure, and probate.
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