BTF4280 - Taxation of international transactions

Leader(s): Dr Bill Orow

Offered

Caulfield Summer semester A 2009 (On-campus block of classes)

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:

• understand the manner in which the taxation system applies to cross border arrangements and transactions
• develop a sound knowledge of the statutory and case law as well as administrative rulings of the Australian Taxation Office that relate to the taxation of international transactions and arrangements
• apply the relevant principles to specific transactions and arrangements involving foreign nationals
• conduct relevant research of possible new developments in the law relating to the taxation of international transactions
• examine the operation of the general residence and source rules, double taxation agreements, thin capitalisation rules, controlled foreign companies and a range of exemptions.

Assessment

Within semester assessment (optional): 30%
Examination (3 hours, open-book/take-home): 70% or 100%

Contact hours

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

Prerequisites

BTX9651

Prohibitions

BTF5280