Multistate Taxation

Taxes beyond the federal level

This intermediate course looks at the state and local tax laws that apply across the United States. Rather than focusing on federal rules, it asks how states gained the power to tax, and where that power stops.

The three tax families

Discussion is concentrated on income, sales and property levies. Each brings its own planning questions, and the course explores strategies for reducing the overall impact of state and local taxation.

Points worth noting

• The historical development of state taxation explains many of today's rules.
• Constitutional limits on state taxing power frame much of the analysis.
• Planning is treated as a practical skill, not only a theoretical topic.

The course is also a natural step for anyone considering graduate accounting study, since the instructors point learners toward that route.