Monash University Handbook 2010 Undergraduate, Postgraduate - Unit

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