About the Clinic: This course offers an innovative lens to critically explore issues of business taxation by examining entities and transactions in the social enterprise sector. Social enterprises blur the traditional distinctions between for-profit and nonprofit entities by blending social mission and market-based, business strategies. The tax treatment of these hybrid entities is complex and an increasingly contested area of law. Students in the course apply their knowledge of business taxation and test their assumptions on taxing social enterprises through client-based assignments. The course is a Qualifying Tax and Tax-Related Elective towards the Tax Concentration and satisfies the Professional Skills requirement.
Open to: Enrollment limited to four students who have taken Federal Income Taxation, with preference given to students who have taken Federal Income Taxation of Corporations & Partnerships and Business Associations. Students may not concurrently enroll in this course and the Social Enterprise & Economic Empowerment Clinic.
2 Units: 1 non-GPA classroom unit and 1 fieldwork unit graded pass-fail, must be taken concurrently.
Pre-requisites for Course: Federal Income Tax
Classroom Component: The classroom component of the course meets once a week to discuss substantive issues of social enterprise law, business taxation, and transactional lawyering. For example, the course examines dominant theories of doctrinal corporate and pass-through taxation law. It also encourages students to develop arguments for various tax treatments of social enterprise legal entities (nonprofits, hybrid entities, and traditional for-profit entities) and review the likely consequences that would flow from offering tax preferences to these entities and their corporate transactions.
Fieldwork Component: Students will work an average of four (4) hours per week as legal counsel to social enterprises on business tax matters. Students will work in pairs, communicate directly with clients, develop and implement case strategies, and lead weekly case meetings with Profs. Ball and Viswanathan.
This class will next be offered in Spring 2018.
Please send questions to Professor Viswanathan at email@example.com