Taxation of Compensation - BODRON/WINSTON-
J. David Pittman (ADJUNCT)
David Winston (ADJUNCT)
Course Areas: Taxation
Time: Cancelled due to low enrollment 1-8-13 Location:
Course Outline: The focus of the course will be the taxation of compensation arrangements and employee benefits, primarily with regard to pension, profit-sharing, and stock bonus plans qualified under the Internal Revenue Code, although there will be discussion of welfare plans, non-qualified deferred compensation plans, stock options and other equity plans, and certain non-tax aspects of benefits law.
Course Syllabus: Syllabus pdf
Course Notes: This is an LL.M class, and JD students may register, if space is available.
Prerequisites: Yes Federal Income Tax
First Day Assignments: 1. January 17: Origins and Fundamentals of the Pension System [MB]: “Will you still need me, will you still feed me, when I’m 64?” The Beatles.
a. Langbein, Pratt & Stabile, skim pages 1 through 43, read pages 44 through 77
b. Internal Revenue Code of 1986, as amended (the “Code”), sections 414(i) and (j), 401(a) (introduction only); Treas. Reg. section 1.401.1
c. Employee Retirement Income Security Act of 1974, as amended (“ERISA”), sections 3(1) through (3), (34) through (37), (41)
d. Study Questions
1. What is a qualified plan?
2. Why does Congress provide tax incentives for a voluntary private pension system (i.e., one provided by private employers rather than public programs)?
3. Briefly define “defined benefit plan” and “defined contribution plan.”
Final Exam Schedule:
This course will have:
Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No