Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to identify and analyse the income taxation issues arising from typical business and private transactions having international aspects.
Synopsis 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; foreign tax systems.
Assessment Either assignment (3000 words): 50% + Examination (3 hours, open-book): 50% + or + Examination (3 hours, open-book): 100%