LAWS6906 - Comparative Taxation of Financial Transactions

Objectives

Gain an understanding of the policy options for the taxation of financial transactions.
Undertake a comparative analysis of approaches taken to the taxation of financial transactions.
Examine recent global developments, including TOFA in Australia relating to the taxation of financial transactions.

Content

The general tax policy principles and financial market theories relevant to the income tax treatment of financial arrangements; debt-financing techniques, particularly the treatment of interest surrogates and hybrid debt instruments; equity-financing techniques and, in particular, the classification of instruments as debt or equity; the income tax treatment of hedging transactions and synthetic instruments; and income tax issues raised by the cross-border use of financial arrangements.

Session

Semester 2 Intensive
18-20 & 23-24 August 2010

The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.

Assessment

1 x 8,000 Word Research Paper (100%)

Courses this unit is available in

Sydney Law School