Unit details

LAWS5237 Advanced Australian International Taxation

Credit

6 points

Offering
(see Timetable)

If this unit does not have an online alternative, then students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.

Availability	Location	Mode
Non-standard teaching period	UWA (Perth)	Face to face Predominantly face-to-face. On campus attendance required to complete this unit. May have accompanying resources online.

Details for undergraduate courses

• Level 5 elective
• Honours option in Business Law [Bachelor of Commerce (Honours)]

Content

This unit reviews the application of Australian income tax law to international transactions and structures. It covers both inbound and outbound scenarios, as well as individuals and companies. The core areas to be studied are Australian law in relation to tax residence and source; the withholding tax regime; the elimination of double taxation; the controlled foreign company (CFC) regime; the transferor trusts regime; Australia's double taxation agreements; thin capitalisation and transfer pricing in Australian law.

Outcomes

Students are able to (1) demonstrate a thorough understanding of Australian law in relation to the residence of individuals and entities; (2) analyse the taxation of the withholding tax regime on passive income flows and the foreign tax offset rules; (3) critically evaluate the controlled foreign company (CFC) regime and the transferor trusts regime; (4) apply comprehensive knowledge of the scope and features of Australia's double taxation agreements and how they impact tax law as well as an understanding of Australia's transfer pricing and thin capitalisation regimes; (5) apply the income tax act to a range complex international taxation scenarios involving individuals and entities; (6) use appropriate research methods to answer complex questions in relation to Australian international taxation; find, understand and apply a wide range of legal and academic sources to Australian international taxation issues; (7) effectively communicate, both in writing and orally, their analyses and conclusions in relation to Australian international taxation; 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)

Professor Nolan Sharkey

Unit rules

Advisable prior study:

previous study or knowledge of tax law is strongly advised

Contact hours

Students must attend the full face-to-face period of 16-19 March 2021