Tax policy in public finance, federal income taxation, state and local taxation, and international taxation principles are some courses in taxation. Taxation courses are accessible at bachelor’s and master’s levels in courses such as finance, economics and auditing.
The tax policy in public finance course makes learners to be conversant with the overview of taxation principles and alternative taxation systems. It also allows learners to understand the concept of enforcing tax systems through theory and practical application. In federal income taxation course, students learn deductions, exemptions and credits to provide an overview on tactics for calculating a correct gross taxable income. The course identifies difficulties experienced by tax payers in understanding of the tax system.
Enlightening students on how sales tax and property tax are used, the state and local taxation course analyzes the right of states to impose taxes and tax laws. Learners study how state and local taxes are enforced and applied through the study of tax-planning ventures. They also get to know how taxes are generated and their legal constraints. The international taxation principles course examines how people conduct international business transactions. Apart from looking into rules for both residents and nonresidents, the course also examines specific international taxation limitations and procedures.