Nonprofit Orgs: Law & Taxation

Nonprofit Organizations: Law and Taxation Prerequisite: LAW 7095 (may be taken concurrently). This course will cover the corporate governance and tax issues that affect nonprofit organizations. The major topics discussed will include organization, state regulation, tax exemption, and restrictions on lobbying and political activity. The course will also examine private foundations, unrelated business income taxation, and charitable deduction rules. Approximately one-third to one-half of the course will focus upon state-law applicable to nonprofits (using the Georgia Code as a statutory model) while the remaining portion of the course will focus upon the taxation of nonprofits. Basic Federal Taxation is a pre-requisite, although it may be taken concurrently.