Adjust Font Size:

University of Minnesota Twin Cities Campus

Course Catalog by Subject

TwoStop Home

---

Select a Subject to display
Subject:	AAS ABUS ACCT ACL ADDS ADES ADPY AECM AEM AFRO AGRO AHS AIR AKKA AMES AMIN AMST ANAT ANES ANSC ANTH APEC APS APSC APST ARAB ARCH ARGN ARTH ARTS ASCL ASL AST BA BBE BCLA BIOC BIOL BLAW BMEN BSE BTHX CAHP CAPY CDED CEGE CESP CFAN CGSC CHEM CHEN CHIC CHMB CHN CHPH CI CIVE CL CLA CMB CMBA CMGT CMPE CNRC COMM CONS COP CPMS CPSY CSCI CSCL CSE CSOM CSPH CVM DAKO DBLN DDS DENT DERM DES DH DNCE DSCI DSSC DT DTCH EAS ECDR ECON ECP EDHD EDUC EE EEB EMMD EMS ENDO ENGL ENGW ENT ENTR EPSY ESCI ESL ESPM FDSY FIN FINA FLOR FM FMCH FNRM FOST FREN FRIT FSCN FSOS FW GCC GCD GDBA GDES GEND GEOG GER GERI GERO GHSR GIS GLBT GLOS GME GRAD GRD GRK GSD GWSS HCOL HEBR HECU HINF HIST HMED HMNG HNDI HNUR HORT HRIR HSCI HSEM HSEX HSG HSM HSPH HUMF IBH IBUS ICP IDES IDSC IE IFSL INAR INET INMD INS IREL ITAL JOUR JPN JWST KIN KNYA KOR LA LAAS LAMP LANG LAS LASK LAT LAW LEAD LGTT LING LM LNDN MABA MADR MATH MATS MBA MBS MBT MCDG MCOM MDI MDP MDS ME MED MEDC MEST MGMT MICA MICB MICE MIL MILI MIMB MIMS MKTG MLK MLSP MM MNMD MONT MORT MOT MPHY MRCO MSBA MSF MSID MSMK MST MTHE MUED MULT MUS MUSA NAV NEUR NOR NR NSC NSCI NSU NURS NUTR OBIO OBST OCS OJIB OLPD OPH ORSU OSUR OT OTHO OTOL OUE PA PATH PDEN PDES PE PED PERO PERS PHAR PHCL PHIL PHM PHRM PHSL PHYS PLPA PLSC PMB PMED POL PORT POUL PREV PROS PSY PT PUBH RAD RELS RM ROB ROME RSC RUSS SACP SAGR SAPH SCAN SCB SCIC SCLY SCMC SCO SDNY SENG SFS SLAV SLHS SMGT SMLI SNGL SOC SOIL SPAN SPPT SSM SST ST STAT SURG SUST SW SWAH SWED TH THAI TLDO TMDP TRAD TXCL UC UGRD URBS URDU UROL VBS VCS VIRO VMBA VMED VPM VTMD WRIT WRS YOST			Show Scheduled Topics for Topics Courses

---

Master of Business Taxation (MBT) Courses

Academic Unit: Accounting

MBT 5223 - Tax-exempt Organizations

(2 cr; Prereq-ACCT 5135; A-F or Audit; offered Spring Odd Year)

Tax law/issues concerning Section 501(c)(3) and other tax-exempt organizations. Qualification, procedures. Unrelated business income, private foundations (including intermediate sanctions), joint ventures.

MBT 6201 - Tax Accounting Methods I

(2 cr; Prereq-ACCT 5135, MBT student - NOTE: Previous course number was MBT 5200.; A-F or Audit; offered Every Spring)

Equivalent courses: was MBT 5200 until 06-SEP-22

This course covers the federal income tax rules for when income and expense should be recognized. The purpose of this course is to provide students the statutory and regulatory framework for analyzing and explaining the federal income tax consequences of tax accounting methods and periods issues.

MBT 6202 - Tax Accounting Methods II

(2 cr; Prereq-MBT 5200/6201 NOTE: Previous course number was MBT 5201; A-F or Audit; offered Every Spring)

Equivalent courses: was MBT 5201 until 06-SEP-22

This course covers special topics within the tax accounting methods area, including changes in accounting methods, accounting periods, installment sales, and inventory concepts. The purpose of this course is to provide students statutory and regulatory framework for analyzing and explaining the federal income tax consequences of special tax accounting methods issues.

MBT 6221 - Tax Research, Communication, and Practice

(4 cr; Prereq-ACCT 5135 NOTE: Previous course number was MBT 5220; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5220 until 06-SEP-22

Tax questions. Locating/assessing potential authority. Communicating research results. Sources of IRS policy. Processing/auditing returns. Rulings, determination letters. Closing agreements. Assessments, collections.

MBT 6226 - Negotiation Techniques in Taxation

(2 cr; A-F or Audit; offered Spring Even Year)

Equivalent courses: was MBT 5226 until 06-SEP-22

Hands-on approach. Applications from facilitating business sales, mergers, and acquisitions, to representing a client's position before IRS, to controlling TV remote. Negotiation process: planning, pre-negotiation preparation, strategy development. NOTE: Previous course number was MBT 5226.

MBT 6231 - Corporate Taxation I

(2 cr; Prereq-ACCT 5135 NOTE: Previous course number was MBT 5230; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5230 until 06-SEP-22, was ACCT 5230 until 02-SEP-03

Federal income taxation of corporations/shareholders. Organization of a corporation. Establishment of capital structure. Determination of tax liability. Dividends, non-liquidating distributions. Stock redemptions, liquidations.

MBT 6232 - Corporate Taxation II

(2 cr; Prereq-MBT 6231/5230; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5323 until 06-SEP-22

Different types of acquisitions, dispositions, reorganizations, and spin-offs involving C corporations. Tax consequences of acquisition to corporations/shareholders involved. Use of 338 elections, limitations on acquired net operating losses/credits, use of covenants not to compete, consulting agreements, deferred payment terms, treatment of transaction costs. NOTE: Previous course number was MBT 5323

MBT 6333 - Tax Aspects of Consolidated Returns

(2 cr; A-F or Audit; offered Summer Odd Year)

Equivalent courses: was MBT 5333 until 06-SEP-22, was ACCT 5333 until 02-SEP-03

Filing. Determining affiliated groups. Election filing. Intercompany transactions. Limitations on certain loss and credit carryforwards. Allocation of federal income tax liability. E&P, investment basis adjustments. Loss allowance rules. Excess-loss accounts. NOTE: Previous course number was MBT 5333.

MBT 6335 - Taxation of the Small Business Corporation

(2 cr; Prereq-MBT 6231\5230; A-F or Audit; offered Summer Even Year)

Equivalent courses: was MBT 5335 until 16-MAY-22, was ACCT 5335 until 02-SEP-03

Federal income taxation of S corporations. Election eligibility; termination of status; treatment of income and deduction items; distributions, basis of stock and debt. Compensation arrangements in closely held corporations; fiscal year issues; personal service corporations; advantages of C corporations vs. S corporations; corporation liquidation and redemption rules; S corporation's built-in gains tax. NOTE: Previous course number was MBT 5335.

MBT 6341 - Taxation of Partners and Partnerships

(2 cr; Prereq-Acct 5135; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5340 until 06-SEP-22, was ACCT 5340 until 02-SEP-03

Reviews tax consequences associated with formation, operation, and dissolution of a partnership. NOTE: Previous course number was MBT 5340

MBT 6346 - ASC 740 Computations and Analysis

(2 cr; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5346 until 06-SEP-22

Financial accounting/reporting standards for effects of income taxes from corporate activities. Computation of current/deferred tax expense/benefit. Temporary differences, carryforwards. Computation of deferred tax assets/liabilities, valuation allowances, business combinations. Investments in subsidiaries, equity method investments. Foreign operations, tax allocations, interim period tax calculations. NOTE: Previous course number was MBT 5346.

MBT 6347 - Tax Technology and Analytics Fundamentals

(2 cr; Prereq-ACCT 5135 NOTE: Previous course number was MBT 5347.; A-F or Audit; offered Every Spring)

Equivalent courses: was MBT 5347 until 06-SEP-22

Tax technology is transforming the way tax departments are doing business in many amazing ways. Both public accounting firms and businesses are investing in people, process, data, and technology at a rapid pace. This course provides the student with relevant background on current technologies and associated challenges, managerial approaches, systems design, process, data challenges and risk assessment methods that are specific to the tax technology arena. Additionally, it will focus on the fundamental concepts of project management, business requirements, data analytics, implementation choices, and the necessary business cases that are being conducted in both the public and private sector.

MBT 6348 - Advanced ASC 740 Concepts

(2 cr; Prereq-MBT 6346\5346; A-F or Audit; offered Spring Even Year)

Equivalent courses: was MBT 5348 until 06-SEP-22

Examination of topics under ASC 740 Accounting for Income Taxes. Share-based awards, uncertain tax positions, valuation allowances, business combinations, foreign operations, interim period tax calculations. Process design/perspective of stakeholders of income tax accounting. NOTE: Previous course number was MBT 5348.

MBT 6351 - Wealth Transfer I (Estates and Gifts)

(2 cr; Prereq-ACCT 5135, MBT student. NOTE: Previous course number was MBT 5350.; A-F or Audit; offered Summer Even Year)

Equivalent courses: was MBT 5350 until 16-MAY-22, was ACCT 5350 until 02-SEP-03

Taxation of transfers under federal estate and gift tax laws. Property owned by decedent. Retained life estates. Transfers taking effect at death. Revocable transfers. Joint interest. Powers of appointment. Valuation. Expenses, debts, taxes. Charitable bequests, marital deduction. Taxable inter vivos gifts, splitting/credits.

MBT 6353 - Income Taxation of Fiduciaries

(2 cr; Prereq-ACCT 5135; A-F or Audit; offered Summer Odd Year)

Equivalent courses: was MBT 5353 until 06-SEP-22, was ACCT 5353 until 02-SEP-03

Simple, complex, and revocable trusts. Estates. Accumulation distributions and income with respect to decedents. Trust accounting income and principal. Distributable net income. Terminations. Excess distributions. NOTE: Previous course number was MBT 5353.

MBT 6361 - State and Local Taxation

(2 cr; Prereq-Acct 5135, MBT student. NOTE: Previous course number was MBT 5360.; A-F or Audit; offered Every Spring)

Equivalent courses: was MBT 5360 until 06-SEP-22, was ACCT 5360 until 02-SEP-03

Examines state levying of individual income, corporate income, property, sales, and excise taxes. Tax problems of businesses with multistate operations.

MBT 6363 - Compensation and Benefits

(2 cr; Prereq-ACCT 5135 NOTE: Previous course number was MBT 5363.; A-F or Audit; offered Fall Odd Year)

Equivalent courses: was MBT 5363 until 06-SEP-22

Federal income taxation of executive compensation, relevant fringe benefit programs. Benefit programs other than qualified retirement plans. Salary continuation, stock options, non-profit organization plans, health/welfare plans.

MBT 6371 - Taxation of Property Transactions

(2 cr; Prereq-Acct 5135 NOTE: Previous course number was MBT 5370.; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5370 until 06-SEP-22, was ACCT 5370 until 02-SEP-03

Determining realized gain or loss and recognized gain or loss, and tax treatment of that gain or loss on property dispositions. Consequences of property transactions including depreciation, depletion, basis, and capital gains problems.

MBT 6381 - Tax Aspects of International Business I

(2 cr; Prereq-MBT 6231/5230 NOTE: Previous course number was MBT 5380.; A-F or Audit; offered Every Fall)

Equivalent courses: was MBT 5380 until 06-SEP-22, was ACCT 5380 until 02-SEP-03

Multinational business operations/transactions involving foreign income. Tax consequences of transactions with/by foreign organizations/companies.

MBT 6382 - Tax Aspects of International Business II

(2 cr; Prereq-MBT 6381/5380 NOTE: Previous course number was MBT 5381; A-F or Audit; offered Spring Odd Year)

Equivalent courses: was MBT 5381 until 06-SEP-22, was ACCT 5381 until 02-SEP-03

Foreign tax credit, Subpart F planning opportunities, international structuring (joint ventures, use of entity classification regulations). Transfer pricing, foreign currency. Legislative, regulatory, and judicial developments.

MBT 6383 - Transfer Pricing

(2 cr; Prereq-ACCT 5135. NOTE: Previous course number was MBT 5382. ; A-F or Audit; offered Spring Odd Year)

Equivalent courses: was MBT 5382 until 06-SEP-22

This course provides an introduction to transfer pricing issues facing multinational businesses. The discussion will focus on the application of the arm?s length standard as described in US Treasury Regulations 1.482, and application of transfer pricing legislation and regulations in other countries, largely through the transfer pricing guidelines published by the Organization for Economic Cooperation and Development (OECD). The course examines economic models, pricing policies, global intangible property, and controversy involving transfer pricing.

MBT 6420 - MBT Directed Study

(1 cr [max 4]; Prereq-ACCT 5135, MBT student. NOTE: Previous course number was MBT 5420.; A-F or Audit; offered Every Fall, Spring & Summer; may be repeated for 4 credits)

Equivalent courses: was MBT 5420 until 16-MAY-22

Tax research/compliance, other tasks. Students submit summary paper.

MBT 6501 - Business, Government, and Economic Tax Policy

(2 cr; Prereq-MBT 6231/5230. NOTE: Previous course number was MBT 5500.; A-F only; offered Every Fall)

Equivalent courses: was MBT 5500 until 06-SEP-22, was ACCT 5500 until 02-SEP-03

Effects of business/government on tax system. Social, political, economic, cultural values affecting tax system. Macroeconomics/implication for taxation. History of taxes/alternate approaches to taxation, public finance, government expenditures in theory/practice. Specific taxes.

MBT 8333 - FTE: Master's

(1 cr; Prereq-Master's student, adviser and DGS consent; No Grade Associated; offered Every Fall, Spring & Summer; 6 academic progress units; 6 financial aid progress units)

(No description)

---

Please report problems with this form to the webmaster.

---

This software is free and available under the GNU GPL.
© 2000 and later T. W. Shield

Contact Information

Aerospace Engineering and Mechanics

107 Akerman Hall, 110 Union St. SE
Minneapolis, MN, 55455-0153

P: 612-625-8000 | F: 612-626-1558