Background and basic themes
Introduction to the income tax: classic problems in the definition of income
Noncash compensation and fringe benefits
Timing I: the basic concept and the relationship between taxable years
Timing II: realization, recognition, and the problem of deferred compensation
Loans, interest, and mortgages
Deductions I: business and personal expenses and the line-drawing problem
Deductions II: charitable contributions and other itemized deductions
Capitalization, depreciation, and tax avoidance
Capital gain and loss
Taxation of the family unit
Business taxation and the choice of business entity
International and comparative taxation: toward a global perspective.