This is a third level course dealing with complex structures at the "big end". It is designed to take you beyond the relatively static consideration of companies, trusts and partnerships considered in foundation courses on taxation of entities, capital gains and corporate finance. It deals with multiple vehicles in groups, the synergies and problems from their interaction. It covers the group consolidation legislation, intra-group transactions and those with outsiders. There is a full treatment of anti-avoidance provisions (particularly Part IVA) and issues of legal formalism. Research emphasises active exploration by you of current structures. Recommended Prior Knowledge: Completion of ATAX0403 and ATAX0411