LAWS6129 - Taxation of Controlled Foreign Companies, Foreign Investment Funds & Transferor Trusts

Objectives

• Understand the policy for the taxation of Australian residents with interests in foreign entities in relation to the removal of deferral, including an examination of the Board of Taxation review of anti-deferral rules.
• Learn the technical detail of the anti-deferral rules, namely CFCs, FIFs, transferor trusts and deemed present entitlement rules.
• Apply the rules to current practical problems involved in the taxation of interests in offshore entities.

Content

Concept of deferral; CFCs; FIFs; transferor trusts; and deemed present entitlement rules.

Session

Semester 2 Intensive
30 September & 1, 2, 6 October 2009 (9am-5pm)

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

Assessment

• 1 x 3,000 Word Assignment (30%)
• 1 x Exam (70%)

Courses this unit is available in

Master of Laws | Graduate Diploma in Law | Master of Business Law | Master of International Taxation | Master of Taxation | Graduate Diploma in Taxation