24:601:630International Business Transactions (3) Legal aspects of doing business across national boundaries. Emphasis on private sales and investment transactions and the U.S. or foreign legal systems that may affect them. Topics include the role of counsel, forms of business organizations, technology transfers and licensing arrangements, import-export controls, incentives and limitations on direct investment, international antitrust and competition laws, and the resolution of disputes. Problems of labor, financing and taxation, improper payments, nationalization, and expropriation also examined. |
24:601:663International Aspects of U.S. Income Taxation (2) Deals primarily with the taxation of income from business investments and activities located outside the United States, including the foreign tax credit, controlled foreign corporations, and earned income of U.S. citizens living abroad. |
24:601:688International Business Planning (3) An integrated study of the corporate, business, securities, and tax aspects of U.S. businesses investing outside the United States. Initial consideration is given to business expansions that do not involve direct investments of capital, such as the transfer of technology under licensing agreements, creating distributorships, and operating through franchises. Students expected to analyze and draft agreements to implement proposed transfers. Export trade companies and their roles also studied. The issues created by direct investment outside the United States studied on a transactional basis, comparing sole ownerships with joint ventures. Consideration given to the form of ownerships, exchange controls, the securities laws, labor relations, and tax aspects of the proposals. Focus on U.S. law, but includes the impact of the host jurisdiction`s laws. Both developed and emerging host countries considered. The securities and tax ramifications of the funding of the U.S. multinational through the Euromarket also considered. Students expected to analyze goals of clients and propose structures to meet the goals given the competing legal concerns. Grading based on drafting assignments and papers. Tax Honors credit given to students completing designated assignments focusing on taxation issues. Taubeneck. Strongly recommended: Completion of Business Organizations and Introduction to Federal Income Taxation. Limited enrollment. |
