379 Partnership Taxation

This course is an introduction to the U.S. federal income tax treatment of business entities that are classified as partnerships and their partners under Subchapter K of the Internal Revenue Code. The course will examine the tax rules that govern the lifecycle of a partnership, including formation of the partnership; allocation of the partnership’s income among its partners (and limitations on shifting income, gain or loss among partners); distributions of cash or property by the partnership to its partners; the treatment of liabilities of the partnership; sales of partnership interests; grants of partnership interests as compensation; and liquidation of the partnership.

Enrollment Pre-/Co- Requisite Information

Pre-req information: Federal Income Taxation is a prerequisite. LLM students who have previously taken an academic course on tax law may contact Professor Marks about waiving the prerequisite.

Course Areas of Practice
Evaluation Methods
  • Final Exam
  • Class participation
Degree Requirements
Course Type
  • Lecture
Learning Outcomes
  • Knowledge and understanding of substantive and procedural law

Sample Syllabi

Spring 2024

2024
Course Number Course Credits Evaluation Method Instructor

379.01 3
  • Final Exam
  • Class participation
Noah Marks

This course is an introduction to the U.S. federal income tax treatment of business entities that are classified as partnerships and their partners under Subchapter K of the Internal Revenue Code. The course will examine the tax rules that govern the lifecycle of a partnership, including formation of the partnership; allocation of the partnership’s income among its partners (and limitations on shifting income, gain or loss among partners); distributions of cash or property by the partnership to its partners; the treatment of liabilities of the partnership; sales of partnership interests; grants of partnership interests as compensation; and liquidation of the partnership.

Syllabus: 379-01-Spring2024-syllabus.pdf198.18 KB

Pre/Co-requisites

Pre-req information: Federal Income Taxation is a prerequisite. LLM students who have previously taken an academic course on tax law may contact Professor Marks about waiving the prerequisite.

Fall 2022

2022
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax implications of organizing and operating businesses as partnerships for tax purposes, investing in tax partnerships and acquisitions and dispositions of partnership interests. Partnership Tax is offered in fall semester only.

Partnership Tax is offered in fall semester only.

Pre/Co-requisites

Law 255 Federal Income Taxation is a prerequisite.

Fall 2021

2021
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax implications of organizing and operating businesses as partnerships for tax purposes, investing in tax partnerships and acquisitions and dispositions of partnership interests. Partnership Tax is offered in fall semester only.

Partnership Tax is offered in fall semester only.

Pre/Co-requisites

<p><a href="https://law.duke.edu/academics/course/255/">Law 255 Federal Income Taxation</a> is a prerequisite.</p>

Spring 2021

2021
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites

Law 255 Federal Income Taxation is a prerequisite.

Spring 2020

2020
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites

Law 255 Federal Income Taxation is a prerequisite.

Spring 2019

2019
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites
None

Spring 2018

2018
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Final Exam
Thomas Giegerich

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites
None

Spring 2017

2017
Course Number Course Credits Evaluation Method Instructor

379.01 2
  • Take-home examination
Gregg D. Polsky

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites
None

Spring 2016

2016
Course Number Course Credits Evaluation Method Instructor

379.01 3 Gregg D. Polsky

The course will cover the tax consequences of organizing, operating, and liquidating entities including related issues taxed as partnerships.

Pre/Co-requisites

Federal Income Taxation (Law 255) required as a prerequisite.

*Please note that this information is for planning purposes only, and should not be relied upon for the schedule for a given semester. Faculty leaves and sabbaticals, as well as other curriculum considerations, will sometimes affect when a course may be offered.