BTF5280 - Taxation of international transactions

Leader: Dr Bill Orow

Offered

Not offered in 2007

Synopsis

This unit examines the operation of the general residence and source rules, double taxation agreements, thin capitalisation rules, controlled foreign companies, Foreign Investment Funds, transfer of trusts and a range of exemptions.

Objectives

The learning goals associated with this unit are to:

• explain concepts and principles employed to deal with international flow of funds;
• explain common law doctrines that govern the taxation of Australians and foreign nationals such as residence and source;
• analyse relevant anti avoidance rules designed to deal the uses and abuses of tax havens such as CFC, FIF and transferor trust rules;
• identify developments, statutory and judicial, pertaining to international taxation;
• apply principles and methods.

Assessment

Research paper (6000 words): 40%
Examination (Take home): 60%

Contact hours

Three hours per week on-campus and/or intensive mode over summer (both 39 hours in total)

Prerequisites

BTX5651

Prohibitions

BTF4480, BTF5590, BTF4280