TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
SCHOOL OF ACCOUNTANCY
TAX 6690
State and Local Taxation
Prerequisite or Co-requisite
TAX 6684 Federal Tax Research
Description
The course is a study of state and local taxation. The course covers the tax aspects of state
income tax, state and local sales and use tax, state franchise tax, and state gift and inheritance
tax.
Objectives
On completion of the course, the student should be able to:
1.
2.
3.
4.
5.
6.
7.
Explain the provisions of the United States Constitution that affect state and local taxes
Explain the calculation of the state income tax, especially as it applies in Alabama
Explain the calculation of the state and local sales tax, especially as it applies in Alabama
Explain the calculation of the state and local use tax, especially as it applies in Alabama
Explain the calculation of the state franchise tax, especially as it applies in Alabama
Explain state gift and inheritance taxes, especially as they apply in Alabama
Prepare sample tax research memoranda regarding state and local tax issues
Purpose
To provide students with an in-depth understanding of state and local tax law, including state
income tax, sales tax, use tax franchise tax, gift tax, and inheritance tax.
Approved Text
State Taxation by Jerome Hellerstein and Walter Hellerstein. Warren, Gorham & Lamont.
ISBN 0-7913-5700-8
Supplements (optional)
CPA Exam Review Manual: Regulation
Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the
instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook.
The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the
same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by
faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance.
1 August 2005
Master Syllabus: TAX 6690
2
Course Outline
Chapter 1:
Historical Background
Chapter 2:
State Uniformity and Equality Provisions
Chapter 3:
Equal Protection of the Laws
Chapter 4:
Commerce Clause Restrictions on State Taxation
Chapter 5:
Imports and Exports
Chapter 6:
Jurisdiction to Impose Corporate Income, Franchise, and Capital Stock
Taxes
Chapter 7:
Corporate Taxes Measured by Net Income: The Tax Base
Chapter 8:
Division of the Tax Base
Chapter 9:
Allocation and Apportionment of Corporate Net Income Under State Law
Chapter 10:
Allocation and Apportionment of Net Income of Businesses Other Than or
Mercantile Companies
Chapter 11:
Capital Stock Taxes
Chapter 12:
Introduction to Sales and Use Taxes
Chapter 13:
Taxable Sales of Tangible Personal Property As Applied to Various
Businesses, Trades, and Occupations
Chapter 14:
Intermediate Transactions in the Economic Process: Exclusion from Sales
and Use Taxes
Chapter 15:
Taxation of Services
Chapter 16:
Use Tax
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space):
1. Course title
2. Course number +
section
3. Term
4. Instructor
5. Prerequisites
6. Office hours
7. Class days, times
8. Classroom
location
9. Office location +
e-mail address
10. Office telephone
11. Course
description,
objectives
12. Text(s)
13. Other materials
14. Grading methods, 16. General supports
criterion weights,
(computer works,
make-up policy,
writing center)
mid-term grade
17. Daily assignments,
reports
holidays, add/drop
15. Procedure, course
& open dates, dead
requirements
day, final exam
18. ADA statement
19. Electronic device
statement
20. Additional
services,
statements
21. Absence policy
22. Incomplete-work
policy
23. Cheating policy
24. Specialization
requirements
(certification,
licensure, teacher
competencies)
Master Syllabus: TAX 6690
3
Chapter 17:
Measure of Sales and Use Taxes
Chapter 18:
Sales and Use Taxes on Multistate Transactions
Chapter 19:
Collection of Sales or Use Taxes by the Seller
Chapter 20:
Personal Income Taxes
Chapter 21:
Death and Gift Taxes
Chapter 22:
Immunity of the Federal Government and Its Instrumentalities from State
Taxation
Appendix A. Uniform Division of Income for Tax Purposes Act
Appendix B. Multistate Tax Commission Regulations
Appendix C. Public Law 86-272
Appendix D. Statement of Information Concerning Practices of Multistate Tax
Commission and Signatory States Under Public Law 86-272 (July 29, 1994)
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space):
1. Course title
2. Course number +
section
3. Term
4. Instructor
5. Prerequisites
6. Office hours
7. Class days, times
8. Classroom
location
9. Office location +
e-mail address
10. Office telephone
11. Course
description,
objectives
12. Text(s)
13. Other materials
14. Grading methods, 16. General supports
criterion weights,
(computer works,
make-up policy,
writing center)
mid-term grade
17. Daily assignments,
reports
holidays, add/drop
15. Procedure, course
& open dates, dead
requirements
day, final exam
18. ADA statement
19. Electronic device
statement
20. Additional
services,
statements
21. Absence policy
22. Incomplete-work
policy
23. Cheating policy
24. Specialization
requirements
(certification,
licensure, teacher
competencies)