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Corporate Tax A (LAWS70024)
Graduate coursework level 7Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Email: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
October
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Email: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
Overview
Availability(Quotas apply) | Semester 1 October |
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Fees | Look up fees |
This core tax subject examines the policies, detailed rules and current practical problems involved in the taxation of companies and shareholders in Australia, particularly at shareholder level. The lecturers are leading practitioners and they will consider the tax rules that apply to shares, corporate distributions, Australia‘s imputation system, the debt-equity integrity rules and corporate rollovers
This subject consists of a detailed examination of the tax rules applied to companies and shareholders in a domestic setting in Australia, with a focus on issues at the shareholder level.
Principal topics include:
- The policy and problems of taxing companies and shareholders
- Tax treatment of contributions of share capital and assets to a company
- Debt-equity classification
- The corporate shareholder imputation system
- Private company deemed dividends
- Franking credit and capital streaming and associated anti-avoidance rules
- Taxation of company distributions and dealings with interests in companies, including liquidations and share buybacks
- Corporate rollovers.
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Intended learning outcomes
Participating in and successfully completing this subject will, through that participation, assist students in developing:
- Thorough and sophisticated understandings of:
- The policies, detailed rules and current practical problems involved in the taxation of companies and shareholders, particularly at shareholder level
- The imputation system, shares and corporate distributions
- The debt-equity integrity rules
- Corporate rollover rules
- The skills to be able to:
- Research, examine, analyse, interpret and assess the effectiveness of these legal rules independently and critically
- Generate critical and creative ideas relating to taxation of companies and their shareholders
- Articulate and convey complex information regarding taxation of companies and their shareholders clearly
- Become an engaged participant in debate regarding the policies underlying Australia’s corporate and shareholder taxation system
- Become an autonomous practitioner and learner in the field of corporate tax with expert judgment.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
Students who have completed any of the below subjects are not permitted to take LAWS70024 Corporate Tax A:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
LAWS90005 | Corporate Tax | Not available in 2024 |
12.5 |
Recommended background knowledge
Applicants without legal qualifications should note that subjects are offered in the discipline of law at an advanced graduate level. While every effort will be made to meet the needs of students trained in other fields, concessions will not be made in the general level of instruction or assessment. Most subjects assume the knowledge usually acquired in a degree in law (LLB, JD or equivalent). Applicants should note that admission to some subjects in the Melbourne Law Masters will be dependent upon the individual applicant’s educational background and professional experience.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
Semester 1
- Assignment (3,000 words) (30%) (3 April)
- Take-home examination (5,000 - 6,000 words) (70%) (16 - 19 June)
or - 8,000 - 10,000 word research paper (100%) (19 June) on a topic approved by the subject coordinator
Semester 2
- Take-home examination (5,000 - 6,000 words) (100%) (17 - 20 November)
or - 8,000 - 10,000 word research paper (100%) (24 January 2018) on a topic approved by the subject coordinator
A minimum of 75% attendance is a hurdle requirement.
Last updated: 3 November 2022
Quotas apply to this subject
Dates & times
- Semester 1
Principal coordinator Frank O'Loughlin Mode of delivery On Campus (Parkville) Contact hours 24-26 hours Total time commitment 150 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 31 January 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos KaskaniEmail: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au - October
Principal coordinator Frank O'Loughlin Mode of delivery On Campus (Parkville) Contact hours 24-26 hours Total time commitment 150 hours Pre teaching start date 13 September 2017 Teaching period 11 October 2017 to 17 October 2017 Last self-enrol date 9 December 2016 Census date 11 October 2017 Last date to withdraw without fail 8 December 2017 Assessment period ends 24 January 2018 October contact information
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos KaskaniEmail: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
Time commitment details
136-150 hours The pre-teaching period commences four weeks before the subject commencement date. From this time, students are expected to access and review the Reading Guide that will be available from the LMS subject page and the subject materials provided by the subject coordinator, which will be available from Melbourne Law School. Refer to the Reading Guide for confirmation of which resources need to be read and what other preparation is required before the teaching period commences.
Additional delivery details
This subject has a quota of 30 students. Please refer to the Melbourne Law Masters website for further information about the management of subject quotas and waitlists.
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Specialist printed materials will be made available free of charge from the Melbourne Law School prior to the pre-teaching period.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Tax Course Graduate Diploma in Corporations and Securities Law Course Graduate Diploma in Legal Studies Course Graduate Diploma in Tax Course Master of Commercial Law Course Master of Laws - Links to additional information
law.unimelb.edu.au
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Additional information for this subject
If required, please contact law-admissions@unimelb.edu.au for subject coordinator approval.
Last updated: 3 November 2022