International taxation
Not offered in 1995
Mr Wayne Gumley
6 points * 3 hours per week * First, second semester * Caulfield * Prerequisite: FIN3931
Objectives On completion of this subject students should have a general understanding of: the income taxation issues arising from a range of typical business and private transactions having international aspects.
Synopsis Residence; source; withholding taxes; foreign tax credit system; tax havens; double tax treaties; thin capitalisation; foreign income exemptions; foreign source dividends; transferor trusts; controlled foreign companies; foreign investment funds; foreign tax systems.
Assessment Either Assignment (3000 words): 50% * Final examination: 50% or Final examination (3 hours open-book): 100%
Prescribed texts
Income Tax Assessment Act 1936 (Cwlth)
Income Tax (International Agreements) Act 1953 (Cwlth)