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
21-23 & 26-27 October 2009

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

Assessment

1 x Take-Home Exam 6,000 words

Courses this unit is available in

Sydney Law School