COURSE PRICE: Regular Price: $400.00; PRE-ORDER SALE PRICE: $200.00 (All pre-ordered courses will be available 30 days from the date of purchase)
COURSE FORMAT: Cloud-based video course with Binaural Beats Technology added
COURSE DURATION: Approx. 10 hours
COURSE DESCRIPTION:
After exploring the tax treatment of familiar investments such as common stock and fixed-rate debt, and of traditional derivatives such as options and forwards, the course considers the host of new financial instruments that have emerged in the markets in the last two decades. These instruments include contingent debt, contingent swaps, contingent convertible, prepaid forwards, and so on. These financial instruments have attracted attention from the tax bar because they raise novel tax questions while offering taxpayers new ways to reduce tax liability. The government has responded with new rules that close some loopholes, but establish new and unique tax regimes, adding complexity to the law. The course will survey this evolving body of tax law, and provide a critical assessment of the government’s ability to respond effectively to financial innovation.