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Corporate Tax A (LAWS70024)
Graduate coursework level 7Points: 12.5On Campus (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
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
Ms Mia Clarebrough
Email: law-masters@unimelb.edu.au
Phone: +61 3 8344 6190
Website: law.unimelb.edu.au
November
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) | Semester 1 November |
---|---|
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 and the debt-equity integrity rules.
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.
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
- Become an engaged participant in debate regarding the policies underlying Australia's corporate and shareholder taxation system
- Articulate and convey complex information regarding taxation of companies and their shareholders clearly
- Become an autonomous practitioner and learner in the field of corporate tax with expert judgment.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into a relevant Melbourne Law Masters program
Corequisites
None
Non-allowed subjects
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: 31 January 2024
Assessment
November
Description | Timing | Percentage |
---|---|---|
Option 1: Take-home examination
| 9 - 12 December 2022 | 100% |
Option 2: Research paper on a topic approved by the subject coordinator
| 21 December 2022 | 100% |
Hurdle requirement: A minimum of 75% attendance. Note: the attendance hurdle does not apply when the subject is delivered online, however attendance at all live online sessions is expected. | Throughout the teaching period | N/A |
Semester 1
Description | Timing | Percentage |
---|---|---|
Option 1, Part 1: Assignment
| 30 March 2022 | 30% |
Option 1, Part 2: Take-home examination
| 10 - 13 June 2022 | 70% |
Option 2: Research paper on a topic approved by the subject coordinator
| 24 June 2022 | 100% |
Hurdle requirement: A minimum of 75% attendance. Note: the attendance hurdle does not apply when the subject is delivered online, however attendance at all live online sessions is expected. | Throughout the teaching period | N/A |
Additional details
Note: Students must choose assessment from the options listed above. If an option contains parts, all parts must be completed if that option is chosen.
Last updated: 31 January 2024
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 28 February 2022 to 29 May 2022 Last self-enrol date 11 March 2022 Census date 31 March 2022 Last date to withdraw without fail 6 May 2022 Assessment period ends 24 June 2022 Semester 1 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 - November
Principal coordinator Frank O'Loughlin Mode of delivery On Campus (Parkville) Contact hours Total time commitment 150 hours Pre teaching start date 5 October 2022 Pre teaching requirements Please refer to the Reading Guide on the LMS subject page for confirmation of which resources need to be read and what other preparation is required before the teaching period commences. Teaching period 2 November 2022 to 8 November 2022 Last self-enrol date 10 October 2022 Census date 3 November 2022 Last date to withdraw without fail 25 November 2022 Assessment period ends 21 December 2022 November 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 in' basis. Waitlists are maintained for subjects that are fully subscribed.
Students should note priority of waitlisted 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.
Melbourne Law School may reserve places in a subject for incoming international cohorts or where a subject is core to a specialisation with limited alternate options.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
Specialist materials will be made available via the LMS in 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-masters@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: 31 January 2024