LAW845

Satisfies Experiential Learning requirement. This course offers an innovative lens to critically explore issues of business taxation by examining entities and transactions in the social enterprise sector . Social enterprises blur the traditional distinctions between for-profit and nonprofit entities by blending social mission and market-based, business strategies. The tax treatment of these hybrid entities is complex and an increasingly contested area of law. The class will start by examining dominant theories of doctrinal corporate and pass-through taxation law. We then scrutinize the arguments for various tax treatments of social enterprise legal entities (nonprofits, hybrid entities, and traditional for-profit entities) and review the likely consequences that would flow from offering tax preferences to these entities and their corporate transactions.