Corporate Tax A

Subject LAWS70024 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Coordinator

Mr Frank O'Loughlin

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

This subject consists of a detailed examination of the tax rules applied to companies and shareholders in a domestic setting in Australia, with a focus on issues at the shareholder level. Principal topics will include:

  • The policy and problems of taxing companies and shareholders
  • The corporate-shareholder imputation system
  • Tax treatment of contributions of share capital and assets to a company
  • Share value shifting
  • Taxation of company distributions and dealings with interests in companies, including liquidations and share buybacks
  • Private company deemed dividends
  • Franking credit and capital streaming and associated anti-avoidance rules
  • Debt-equity classification
  • Corporate rollovers.
Objectives:

A student who has successfully completed this subject should:

  • Have an understanding of the policies, detailed rules and current practical problems involved in the taxation of companies and shareholders, particularly at shareholder level
  • Have an advanced understanding of the policies underlying Australia's imputation system, shares, corporate distributions, debt-equity integrity rules and corporate rollovers.
Assessment:

Assignment (30%)
Take-home examination (70%) (18-21 June)
Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/

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