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Taxation of Mergers and Acquisitions (LAWS70331)

Graduate coursework level 7Points: 12.5On Campus (Parkville)

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Year of offer2018
Subject levelGraduate coursework Level 7
Subject codeLAWS70331
Availability(Quotas apply)
FeesSubject EFTSL, Level, Discipline & Census Date

Taxation of Mergers and Acquisitionsis a capstone subject in the Master of Taxation, designed for tax professionals and government officials who wish to complete or update their education in corporate tax law and practice. Coordinated and taught by some of Australia’s leading tax advisers, it is focused around a series of topical issues. Using a detailed analysis of these issues, it provides students with in-depth, commercially relevant knowledge of the tax rules for mergers and acquisitions of public and private companies and consolidated corporate groups.

Topics include the application of rollovers that benefit shareholders and companies engaged in takeovers and mergers, especially involving consolidated groups, as well as applicable tax integrity rules and recent and ongoing tax reform.

Principal topics include:

  • Corporate capital gains tax rollovers for mergers, acquisitions and disposals, including Divisions 124, 125 and 126 of the Income Tax Assessment Act 1997 (Cth), in particular scrip for scrip, demerger and various corporate restructure rollovers
  • The interaction of tax rules relating to mergers, acquisitions and restructures with key elements of the tax rules for consolidated corporate groups in Part 3-90 of the Income Tax Assessment Act 1997 (Cth) including rules for tax cost setting on entry and exit, foreign-owned multiple entry consolidated groups, tax-sharing and payment, due diligence and corporate risk
  • The interaction of tax rules relating to mergers, acquisitions and disposal with the imputation system and corporate financing tax rules.

Intended learning outcomes

A student who has successfully completed this subject will:

  • Understand the detailed legal rules applicable in the taxation of corporate mergers and acquisitions, particularly as they apply to consolidated groups
  • Have a good knowledge of legal and tax structures used for corporate mergers and acquisitions in practice
  • Be aware of current problems and reforms in taxation of corporate mergers and acquisitions.

Eligibility and requirements


Melbourne Law Masters Students: Successful completion of either of the below subjects, or an equivalent subject, or significant professional tax experience:

Code Name Teaching period Credit Points
LAWS70024 Corporate Tax A
Semester 1
LAWS70008 Corporate Tax B 12.5

JD Students: Successful completion of the below subject:

Code Name Teaching period Credit Points
LAWS50046 Taxation Law and Policy
Semester 1
Semester 2



Non-allowed subjects


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.

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


Additional details

  • Assignment (30%) (17 October)
  • Take-home examination (5,000 - 6,000 words) (70%) (16 - 19 November)

A minimum of 75% attendance is a hurdle requirement.

Quotas apply to this subject

Dates & times

  • October
    Principal coordinatorAldrin De Zilva De Zilva
    Mode of deliveryOn Campus — Parkville
    Contact hours24-34 hours
    Total time commitment150 hours
    Pre teaching start date 3 September 2018
    Pre teaching requirementsThe 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.
    Teaching period 1 October 2018 to 5 October 2018
    Last self-enrol date 8 December 2017
    Census date 1 October 2018
    Last date to withdraw without fail 5 October 2018
    Assessment period ends19 October 2018

    October contact information


    Mr Aldrin De Zilva (Coordinator)
    Mr Michael Charles

    Email: law-masters@unimelb.edu.au
    Phone: +61 3 8344 6190
    Website: law.unimelb.edu.au

Additional delivery details

This subject has a quota of 30 students.

Enrolment is on a first come, first served basis. Waitlists are maintained for subjects that are fully subscribed.

Students should note priority of places in subjects will be given as follows:

  • To currently enrolled Graduate Diploma and Masters students with a satisfactory record in their degree
  • To other students enrolling on a single subject basis, eg Community Access Program (CAP) students, cross-institutional study and cross-faculty study.

Please refer to the Melbourne Law Masters website for further information about the management of subject quotas and waitlists.

Further information

Last updated: 29 March 2019