LLM in Taxation
Contacts:
Director: Philip Postlewaite
Associate Director: Genevieve Tokic
Program Office: 312-503-3300; taxlaw@law.northwestern.edu
Program Overview
The LLM Tax curriculum gives students a foundational understanding of tax law, which they can apply to a wide array of specialty tax elective courses. The required courses cover the four principal areas of the modern tax law: Taxation of Property Transactions, Corporate Taxation, Partnership Taxation, and International Taxation. Students also can choose from a variety of elective courses with the opportunity to pursue particular areas of the tax law or to further expand their exposure to various areas of the tax law.
Enrollment Options
Degree-seeking students may choose to pursue the full-time or part-time enrollment plan; degree requirements are the same for both options. Students should refer to the Tuition webpage to review rates associated with the various options.
Program of Study
Beyond the required courses, students are free to design their own program of study and can choose from over 28 different tax electives. Many students choose to enroll in courses covering a variety of subject areas; however, students have the option to choose specific elective courses that reflect their specialized interest in a particular area of taxation.
Degree Requirements:
Course | Title |
---|---|
Required Courses (6 courses / 12 credits) | |
TAXLAW 610 | Corporate Taxation (LLM Tax) |
TAXLAW 620 | Partnership Tax (LLM Tax) |
TAXLAW 621 | Advanced Partnership Taxation |
TAXLAW 640 | Taxation of Property Transactions |
TAXLAW 641 | Advanced Taxation of Property Transactions |
TAXLAW 670 | International Taxation |
Advanced Corporate Tax Requirement (2 credits) | |
Select one of the following: 1 | |
S Corporations and Other Specially Taxed Entities | |
Divisive Reorganizations and Separations | |
Corporate Reorganizations | |
Tax Aspects of Private Equity Transactions | |
Taxation of Debt Instruments and other Financial Transactions | |
Consolidated Returns | |
Advanced International Tax Requirement (2 credits) | |
Select one of the following: 1 | |
Controlled Foreign Corporations | |
International Estate Planning | |
European Union Taxation | |
International Taxation of Partnerships | |
Advanced International Corporate Tax Transactions | |
Tax Treaties | |
Transfer Pricing | |
Consolidated Returns | |
Elective Courses (8 credits) | |
Select courses from the TAXLAW subject, or: | |
Accounting | |
Tax Policy | |
Colloquium: Tax | |
Minimum Credits Required: 24 |
- 1
Students may take additional courses from the Advanced Corporate Tax and Advanced International Tax course lists to satisfy the elective credit requirement.
Tax Certificates
While enrolled in the Tax Program, full-time, part-time, joint degree, and non-degree students can choose to earn a certificate in one of four substantive areas of taxation: Corporate Tax, International Tax, Tax Controversy, and Wealth Transfer and Legacy Planning. To receive a certificate, the student would need to take 10 credits of the following courses:
Corporate Tax
Course | Title |
---|---|
Required Courses (6 credits) | |
TAXLAW 610 | Corporate Taxation (LLM Tax) |
TAXLAW 612 | Divisive Reorganizations and Separations |
TAXLAW 613 | Corporate Reorganizations |
Elective Courses (4 credits) | |
Select two from the following: | |
S Corporations and Other Specially Taxed Entities | |
Tax Aspects of Private Equity Transactions | |
Taxation of Debt Instruments and other Financial Transactions | |
Consolidated Returns | |
Total Credits: 10 |
International Tax
Course | Title |
---|---|
Required Courses (6 credits) | |
TAXLAW 669 | International Taxation of Partnerships |
TAXLAW 670 | International Taxation |
TAXLAW 673 | Advanced International Corporate Tax Transactions |
Elective Courses (4 credits) | |
Select two from the following: | |
Controlled Foreign Corporations | |
Tax Treaties | |
Transfer Pricing | |
Total Credits: 10 |
Tax Controversy
Course | Title |
---|---|
Coursework (10 credits) | |
Select 5 courses from the following | |
TAXLAW 675 | Tax Procedure |
TAXLAW 676 | Tax Audits, Appeals, and Litigation |
TAXLAW 678 | Transfer Pricing |
TAXLAW 680 | Tax Policy |
TAXLAW 681 | Investigation, Prosecution and Defense of Tax Crimes |
TAXLAW 688 | State and Local Taxation |
Total Credits: 10 |
Wealth Transfer and Legacy Planning
Course | Title |
---|---|
Required Courses (5 courses / 10 credits) | |
TAXLAW 615 | Tax Exempt Organizations |
TAXLAW 632 | International Estate Planning |
TAXLAW 650 | Estate and Gift Tax |
TAXLAW 651 | Estate Planning |
TAXLAW 655 | Income Taxation of Trusts and Estates |
Total Credits: 10 |
Tax Faculty
The Tax Program's full-time faculty members have extensive tax scholarship and teaching experience. They are experts in their fields of taxation and have collectively published more than 11 tax law treatises and casebooks. Our tax adjunct faculty members are leading tax professionals from top law and accounting firms in Chicago. Many are also published authors on their areas of expertise and speak at various tax conferences and events on a regular basis.
For a listing of Tax Program full-time and adjunct faculty members, please see the Tax Faculty Profiles.
Tax Courses
Courses with the TAXLAW subject are open primarily to students in the LLM Tax program. JD and LLM students may enroll into open seats in Tax electives during the add/drop period. Please note while every effort is made to ensure these lists are accurate, change is inevitable. Not all courses are offered each year. For specific program information, including a list of required courses, please refer to the LLM Tax Degree Requirements section
Course | Title |
---|---|
BUSCOM 649 | Accounting |
BUSCOM 684 | Tax Policy |
BUSCOM 725 | Colloquium: Tax |
TAXLAW 610 | Corporate Taxation (LLM Tax) |
TAXLAW 612 | Divisive Reorganizations and Separations |
TAXLAW 613 | Corporate Reorganizations |
TAXLAW 615 | Tax Exempt Organizations |
TAXLAW 618 | Tax Aspects of Private Equity Transactions |
TAXLAW 620 | Partnership Tax (LLM Tax) |
TAXLAW 621 | Advanced Partnership Taxation |
TAXLAW 631 | Controlled Foreign Corporations |
TAXLAW 632 | International Estate Planning |
TAXLAW 635 | Environmental Taxation |
TAXLAW 640 | Taxation of Property Transactions |
TAXLAW 641 | Advanced Taxation of Property Transactions |
TAXLAW 642 | Taxation of Structured Real Estate Transactions |
TAXLAW 644 | Taxation of Debt Instruments and other Financial Transactions |
TAXLAW 650 | Estate and Gift Tax |
TAXLAW 651 | Estate Planning |
TAXLAW 655 | Income Taxation of Trusts and Estates |
TAXLAW 669 | International Taxation of Partnerships |
TAXLAW 670 | International Taxation |
TAXLAW 673 | Advanced International Corporate Tax Transactions |
TAXLAW 674 | Tax Treaties |
TAXLAW 675 | Tax Procedure |
TAXLAW 676 | Tax Audits, Appeals, and Litigation |
TAXLAW 680 | Tax Policy |
TAXLAW 681 | Investigation, Prosecution and Defense of Tax Crimes |
TAXLAW 682 | ERISA and Employee Benefits |
TAXLAW 685 | Tax Ethics, Opinions and Penalties |
TAXLAW 686 | Executive Compensation |
TAXLAW 688 | State and Local Taxation |
TAXLAW 689 | Consolidated Returns |
TAXLAW 690 | Colloquium: Advanced Topics in Taxation |
TAXLAW 699A | Advanced Research and Writing on Tax Issues |