LAWS5236 Advanced Australian Corporate Taxation

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Content
This unit develops advanced concepts of company taxation, and covers advanced corporate taxation issues including (1) anti-avoidance rules that prevent tax arbitrage in relation to share holdings and dividends; (2) corporate finance taxation in relation to debt, timing and equity; (3) the taxation of financial arrangements (TOFA) regime; and (4) the consolidation regime and the debt and equity characterisation rules to income tax purposes.
Outcomes
Students are able to (1) demonstrate a thorough understanding of the range of anti-avoidance rules aimed at transactions involving shares and dividends; (2) apply comprehensive knowledge of the taxation of different forms of debt and equity financing and issues around timing; (3) critically evaluate the taxation of financial arrangements (TOFA) regime and the debt/equity characterisation rules in the Income Tax Act; (4) apply the income tax act to a range of complex corporate scenarios; (5) use appropriate research methods to answer complex questions in relation to corporate taxation, and find, understand and apply a wide range of legal and academic sources to corporate taxation issues; (6) effectively communicate, both in writing and orally, their analyses and conclusions in relation to corporate taxation; and (7) organise their work effectively and work autonomously, and reflect upon and use feedback.
Assessment
Indicative assessments in this unit are as follows: (1) workshop presentation; (2) written assignment; and (3) take-home assignment. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Nicole Wilson-Rogers
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, 5-8 May. Refer to the timetable website for further information.
Unit Outline
Non-standard teaching period [TS-N-3-2020]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.