The Sixteenth Edition expands the highly successful international perspective, comparing tax rules in a variety of countries. A revised discussion of progressivity against the background of current tax rate debates is completely up-to-date. An important new discussion of Mayo Foundation for Medical Education and Research v. United States considers the degree of judicial deference to Treasury regulations, and new material introduces recent codification of the economic substance doctrine.
Hallmark features of Federal Income Taxation:
Problems interspersed between Notes and Questions
Esteemed authorship
o Original author Boris Bittker, eminent tax scholar
o William A. Klein (retires as of this edition), distinguished reputation in taxation
o Bankman, Shaviro and Stark, among the best-known younger tax scholars
Unique introduction with insightful historical background and economic analysis
Theory and policy integrated throughout
Accessible, yet challenging
Thoroughly updated, the revised Sixteenth Edition presents:
Expansion of successful international comparisons to tax rules in other countries
Revised and updated discussion of progressivity against the background of current tax rate debates
New discussion of Mayo Foundation for Medical Education and Research v. United States, concerning the degree of judicial deference to Treasury regulations
New material on recent codification of the economic substance doctrine