U.S. Federal Taxation Specialization

Start Date: 06/23/2019

Course Type: Specialization Course

Course Link: https://www.coursera.org/specializations/united-states-federal-taxation

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About Course

This Specialization introduces the U.S. federal tax system via conceptual and applied material. Learners will be able to apply basic principles to settings involving individuals, corporations, and other business entities, complete key components of major, individual U.S. federal tax returns, and identify tax-related strategies and implications of structuring transactions and organizations.

Course Syllabus

Federal Taxation I: Individuals, Employees, and Sole Proprietors
Federal Taxation II: Property Transactions of Business Owners and Shareholders
Taxation of Business Entities I: Corporations
Taxation of Business Entities II: Pass-Through Entities

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Course Introduction

U.S. Federal Taxation Specialization-

Course Tag

Depreciation Federal Tax Returns Tax Law

Related Wiki Topic

Article Example
Voluntary taxation Thomas Jefferson lent weight to a voluntary society, writing that "No man has a natural right to commit aggression on the equal rights of another, and this is all from which the laws ought to restrain him.” During his administration, President Jefferson abolished the whiskey excise and all other federal internal taxation on U.S. citizens, which was one of his campaign promises. The U.S. Federal government had no direct internal taxation for nearly 80 years.
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Federal Commissioner of Taxation v Peabody Federal Commissioner of Taxation v Peabody was a 1994 High Court of Australia tax case concerning certain transactions made by the Peabody family business. The Australian Taxation Office (ATO) sought to apply the Part IVA
Voluntary taxation The American federal income taxation system is sometimes called a "voluntary" taxation system. Marjorie E. Kornhauser writes, "Most people never pay their taxes voluntarily, in the ordinary sense of the word. Rather, they are generally anti-tax, in that they usually would prefer to keep any income they receive than pay it to the government in taxes. Voluntary, in the context of taxation, simply means that people do not have to be compelled to pay their taxes through actual enforcement actions by the state." The "income taxes are voluntary" argument has not prevented U.S. residents who did not file tax returns or pay taxes from being prosecuted and convicted for tax offenses.
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Slutzkin v Federal Commissioner of Taxation Slutzkin v Federal Commissioner Of Taxation (1977) 140 CLR 314 was a High Court of Australia case concerning the tax position of company owners who sold to a dividend stripping operation. The Australian Taxation Office (ATO) claimed the proceeds should be treated as dividends, but the Court held they were a capital sum like an ordinary investment asset sale.
Taxation in Australia Income taxes are the most significant form of taxation in Australia, and collected by the federal government through the Australian Taxation Office. Australian GST revenue is collected by the Federal government, and then paid to the states under a distribution formula determined by the Commonwealth Grants Commission.
Australian Taxation Office The Australian Taxation Office (ATO) is an Australian government statutory agency and the principal revenue collection body for the Australian government. The ATO has responsibility for administering the Australian federal taxation system, superannuation legislation, and other associated matters. Responsibility for the operations of the ATO are within the portfolio of the federal Treasurer.
Double taxation The term "double taxation" can also refer to the double taxation of some income or activity. For example, in some jurisdictions, corporate profits are taxed twice, once when earned by the corporation and again when the profits are distributed to shareholders as a dividend or other distribution. The term is not usually used to refer to the taxation of the same income by different levels of government, such as by federal, state and local authorities.
Partnership taxation in the United States The Nutshell series book "Federal Income Taxation of Partners and Partnerships" by Karen C. Burke (2005) is a quick reference guide for taxation students.
William Marshall Bullitt Other cases he argued in front of the U.S. Supreme Court involved income taxation of federal judicial salaries, taxation of state bonds and municipal securities, the Federal Farm Act, and the Rehabilitation Act of California.
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Double taxation The U.S. requires its citizens to file tax returns reporting their earnings wherever they reside. However, there are some measures designed to reduce the international double taxation that results from this requirement.