A Master of Laws (LL.M.) in International Taxation is the second professional law degree in the United States after the Juris Doctor (J.D.). Programs usually take a year to complete and include a thesis. Students in these programs complete core courses and a number of electives in international tax law and policy, as well as courses in corporate tax, international tax, individual income taxation and partnership tax. The electives provide students with the opportunity to tailor the degree towards their interests and professional goals. Along with a J.D., most programs require previous relevant work experience and high law school grades.
Master of Law in International Taxation
The international taxation curriculum is divided between core courses and electives. Students choose only those elective classes that coincide with their experience in practicing law and their future professional goals. Along with local and state taxation and tax treaties, possible international taxation courses include the following:
- U.S. international taxation
- Property transactions taxation
- Organizations that are tax exempt
- Taxation and timing issues
- Comparative taxation
- Seminars in international taxation
Job Outlook and Employment Information
The employment of lawyers is expected to increase by about 6% during the 2014-2024 period, according to the U.S. Bureau of Labor Statistics (www.bls.gov). The BLS also reported that the median annual salary for lawyers was $115,820 in 2015. It is important to note that this figure is for lawyers in general and is not specific to lawyers working in the field of international taxation.
Lawyers with a J.D. and related field experience may return to law school and specialize in international taxation by earning an LL.M. degree in international taxation.