LAWS6125 - Taxation of Corporate Finance
Objectives
- Understand the policy for the taxation of financial transactions in Australia, including reform proposals such as TOFA.
- Learn the detailed tax rules applicable to financial transactions in a domestic and international setting.
- Apply the rules to common forms of innovative financial instruments including forward and futures contracts, derivatives instruments, various forms of corporate financing including preference share financing, convertible notes and leasing.
Content
Characterisation of returns on instruments (capital/revenue); timing of income and deductions; tax treatment of funding and debt-related derivatives, foreign exchange and forex derivatives, preference share financing, and leasing; international tax issues including withholding tax; overseas comparisons; and analysis of reforms such as TOFA.
Session
Semester 2 Intenisve
25-27 & 30-31 August 2010
This unit of study replaced LAWS 6125 - Taxation of Financial Institutions.
The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.
Assumed Knowledge
It is recommended that candidates who are not working in the tax area and have not taken an undergraduate tax unit in Australia in the past five years undertake LAWS 6825 Tax on Business Structures & Operations before enrolling in this unit. If in doubt, please consult the Taxation Program Coordinator.
- Classwork (30%)
- 1 x Exam (70%)
Assessment
Courses this unit is available in
Master of Law | Graduate Diploma in Law | Master of Global Law | Master of Business Law | Master of Taxation | Graduate Diploma in Taxation | Graduate Diploma in Corporate, Securities and Finance Law