Taxes and business decisions interact with each other, affecting managers personally as well as the firms they work for. The main theme of the course is that managerial tax planning is part of the practice of management; it is part of the question of how to set up a business and chart its investment, financing and compensation strategies. The objective is to apply this perspective to domestic and international topics such as the choice of business entities, tax arbitrage, financial markets, compensation planning, business combinations, foreign investment and personal tax planning.
Recommended preparation - This course is multidisciplinary in its focus, drawing on ideas in microeconomics, finance, financial accounting and management accounting.
Prior courses in those areas at the 300-level are highly recommended but none is specifically required.