The University of New South Wales

go to UNSW home page

Postgraduate Handbook

PRINT THIS PAGE
Taxation of Structured Finance - ATAX0421
Atax Coogee Campus

 
Faculty: Faculty of Law
 
 
School:  Australian School of Taxation
 
 
Course Outline: See below
 
 
Campus: ATAX Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.125 (more info)
 
 
Indicative Contact Hours per Week: 0
 
 
Enrolment Requirements:
 
 
Restricted to students enrolled in Programs 9250 or 9260 or 9255
 
 
Excluded: ATAX0321, ATAX0521
 
 
Fee Band: 1 (more info)
 
 
Further Information: See Class Timetable
 
 

Description

This course deals with the policy and tax issues which underpin new financial techniques and the products which have been based on these techniques. Basic to the course are the principles underpinning the deductibility and timing of interest payments. Derivative products are considered, particularly the instruments on which they are based, such as options, futures and forwards. More detailed consideration is given to specific products which are current in the market place such as instalment warrants, convertible securities, synthetic equity, LEPOS, swaps and the like. Recommended Prior Knowledge: Completion of ATAX0303 and ATAX0307


Course Objectives

This course develops a contextual approach to provide an understanding of the practical problems and solutions available to participants in, and advisers to, the structured and synthetic market. Concepts of financial arbitrage are embedded into the tax profile of many of these securities. On successful completion of this course, a student should have acquired the knowledge and skills to analyse the proper tax treatment of a range of products, such as warrants and options, futures and forwards, and synthetic equity.

For information on course modules and learning outcomes click here.

Modes of Delivery

Flexible Learning

Assessment

Master of Taxation, Master of Applied Tax, Master of International Tax
Research Paper 5000 to 6000 words 40%
Final Examination Open book 60%

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.

URL for this page:

© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.