Taxation of Corporate Finance - ATAX0407

 
Faculty: Faculty of Law
 
   
 
Course Outline: See below
 
 
Campus: ATAX Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.125 (more info)
 
 
Contact Hours per Week: 0
 
 
Enrolment Requirements:
 
 
Restricted to students enrolled in Programs 9250 or 9260 or 9255
 
 
Fee Band: 1 (more info)
 
 
Further Information: See Class Timetable
 
 

Description


The course deals with the fundamental building blocks, both theoretical and technical legal, of taxation of corporate finance. It focuses on debt finance but also covers aspects of equity financing. It provides thorough grounding in basic concepts like the time value of money, the deductibility of interest, and the debt/equity distinction. The course deals in depth with temporal apportionment, with taxation of discounted and deferred interest securities and with leasing finance. It introduces hybrid instruments and derivatives and structured financial products.

Recommended Prior Knowledge
ATAX0303/0403/0503 Taxation of Corporations
Or Equivalent


Course Objectives


The objectives of the course are to equip students, as tax professionals, with the necessary skills to analyse, and advise, concerning the taxation treatment of a range of financial products and structures. Because many of the existing rules are inappropriate, the course sets up an analytical framework from which a reasoned and efficient response to innovative products may be developed. An understanding of the financial framework in which the rules operate is vital to an understanding of the tax issues, and the course integrates this material with more traditional legal sources to produce a ‘law in context’ understanding of this critical taxation area.

Modes of Delivery


CBD Evening Class
Flexible Learning

Assessment


Master of Taxation, Master of Applied Tax, Master of International Tax
Research Paper 5000 to 6000 words 50%
Final Examination Open book 50%

Pass Requirements


  • 50 per cent or more of the total marks available in the course and
  • at least 40 per cent of the marks available for the final examination in the course.