BTF3491

International taxation

(BUS)

Dr Bill Orow and Mr Grant Richardson

6 points + 3 hours per week + Caulfield + Second semester + Prerequisite: BTF2931 or BTF3931 or equivalent

Synopsis: This subject provides an introduction to the Australian income tax laws applicable to international transactions. Topics include: 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.

Assessment: Optional assignment (2000 words): 30% + Examination (3 hours, open-book): 70% or 100%