LAWS5233 Base Erosion, Profit Shifting and Transfer Pricing

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Details for undergraduate courses
  • Level 5 elective
  • Honours option in Business Law [Bachelor of Commerce (Honours)]
Content
This unit examines the internationally important area of Base Erosion Profit Shifting (BEPS) and transfer pricing. It looks at fundamental sources applicable to BEPS and transfer pricing; examines the BEPS debate in detail; examines the arm's length principle in detail; examines how to carry out a functional analysis; considers transfer pricing methods; examines the issue of comparability; considers various specific transactions; and examines transfer pricing and permanent establishment and considers compliance and dispute resolution issues in a transfer pricing context.
Outcomes
Students are able to (1) demonstrate a thorough understanding of the core principles of transfer pricing including methods, the arm's length principle and functional analysis; (2) critically analyse the issue of comparability; (3) apply knowledge of the sources of authority in transfer pricing globally; (4) apply transfer pricing methods to a range of transactions including permanent establishments; (5) critically evaluate issues in relation to compliance with transfer pricing rules and dispute settlement; (6) apply appropriate research methods to answer complex questions in relation to the transfer pricing, and find, understand and apply a wide range of legal and academic sources to transfer pricing issues; (7) effectively communicate, both in writing and orally, their analyses and conclusions in relation to transfer pricing; and (8) organise their work effectively and work autonomously, and reflect upon and use feedback.
Assessment
Indicative assessments in this unit are as follows: (1) research essay; (2) examination; and (3) in-class presentation and participation. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Grant Wardell-Johnson
Unit rules
Advisable prior study:
previous study or knowledge of tax law is strongly advised
Contact hours
Students must attend every day of the intensive period 2-5 June. Refer to the timetable website for further information.
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  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook. Reading lists and essential textbooks are subject to change each semester. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.