Corporate Tax A

Subject LAWS70024 (2011)

Note: This is an archived Handbook entry from 2011.

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

This subject has the following teaching availabilities in 2011:

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: Not available
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 more information, contact the Melbourne Law Masters office.

Email law-masters@unimelb.edu.au or phone +61 3 8344 6190.

Alternatively, visit our 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‚Äôs imputation system, shares, corporate distributions, debt-equity integrity rules and corporate rollovers.
Assessment: Visit the Melbourne Law Masters website for more information about this subject.
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Visit the Melbourne Law Masters website for more information about this subject.
Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date

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