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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
April
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Ms Mia Clarebrough
Email: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
Semester 2
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Ms Mia Clarebrough
Email: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
Overview
Availability(Quotas apply) | April Semester 2 |
---|---|
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 the hybrid entity rules.
Syllabus
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
- Hybrid rules.
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
- 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 Melbourne Law Masters welcomes applications from students with disabilities. The inherent academic requirements for study in the Melbourne Law Masters are:
- The ability to attend a minimum of 75% of classes and actively engage in the analysis and critique of complex materials and debate;
- The ability to read, analyse and comprehend complex written legal materials and complex interdisciplinary materials;
- The ability to clearly and independently communicate in writing a knowledge and application of legal principles and interdisciplinary materials and to critically evaluate these;
- The ability to clearly and independently communicate orally a knowledge and application of legal principles and interdisciplinary materials and critically evaluate these;
- The ability to work independently and as a part of a group;
- The ability to present orally and in writing legal analysis to a professional standard.
Students who feel their disability will inhibit them from meeting these inherent academic requirements are encouraged to contact Student Equity and Disability Support.
Last updated: 3 November 2022
Assessment
Additional details
Intensive - April
- Take-home examination (5,000 - 6,000 words) (100%) (31 May - 3 June)
or - Research paper (8,000 - 10,000 words) (100%) (3 July) on a topic approved by the subject coordinator
Semester length - Semester 2
- Assignment (2,000 words) (30%) (27 August) and Take-home examination (4,000 - 5,000 words) (70%) (15 - 18 November)
or - Research paper (8,000 - 10,000 words) (100%) (18 November) 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
- April
Principal coordinator Frank O'Loughlin Mode of delivery On Campus (Parkville) Contact hours 24-34 hours Total time commitment 150 hours Pre teaching start date 13 March 2019 Pre teaching requirements 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. Teaching period 10 April 2019 to 16 April 2019 Last self-enrol date 31 January 2019 Census date 10 April 2019 Last date to withdraw without fail 24 May 2019 Assessment period ends 3 July 2019 April contact information
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Ms Mia ClarebroughEmail: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au - Semester 2
Principal coordinator Frank O'Loughlin Mode of delivery On Campus (Parkville) Contact hours 24-26 hours Total time commitment 150 hours Teaching period 29 July 2019 to 27 October 2019 Last self-enrol date 28 June 2019 Census date 31 August 2019 Last date to withdraw without fail 27 September 2019 Assessment period ends 22 November 2019 Semester 2 contact information
Lecturers
Mr Frank O'Loughlin, Coordinator
Mr Stewart Grieve
Mr Nasos Kaskani
Ms Mia ClarebroughEmail: 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.
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Specialist 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 Graduate Diploma in Tax Course Master of Tax Course Master of Commercial Law Course Master of Laws Course Graduate Diploma in Legal Studies - Links to additional information
- 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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022