Tax of Collective Investment Funds (LAWS90265)

Graduate courseworkPoints: 6.25Not available in 2025

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Overview

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This taxation of collective investment vehicles is a topic of growing significance for Australian and international investment. Taught by leading experts from the profession, this intensive subject will present the law, practice and case studies on the taxation of collective investment vehicles. including widely held unit trusts and stapled corporate and trust structures, which are well established as vehicles for commercial property and infrastructure investments. The subject will address the regulatory and tax requirements for managed investment trusts (MITs), attribution managed investment trusts (AMITs) and the new corporate collective investment vehicle (CCIV) taxation regime introduced in 2022.  Case studies will be used to engage learning and illustrate concepts in practice.

Principal topics will include the regulation and taxation of:

  • Public unit trading and investment trusts (Division 6C of the Income Tax Assessment Act 1936);
  • Stapled securities, combining a corporate and trust structure;
  • Managed investment trusts (MITs) and attribution managed investment trusts (AMITs) (Div 275 of the Income Tax Assessment Act 1997)
  • Corporate collective investment vehicles (CCIVs)

Intended learning outcomes

A student who has successfully completed this subject should be able to:

  • Understand the core rules and policy for taxation of collective investment vehicles in Australia.
  • Demonstrate in concise written form the ability to interpret and apply tax legislation, case law and administrative guidance on collective investment vehicles.
  • Identify and explain in concise language the key legal and policy issues and challenges in the various tax regimes for collective investment vehicles in Australia.
  • Advice on which collective investment vehicle is suitable for different asset classes and different types of Australian and international investor, from a tax perspective.

Generic skills

  • Have the cognitive and technical skills to independently examine, research and analyse existing and emerging tax law and policy issues
  • Have the written communication skills to convey complex information regarding the taxation of collective investment vehicles in Australia to specialist and non-specialist audiences
  • Be able to demonstrate autonomy, expert judgment and responsibility as a practitioner or government official in this specialist taxation field.
  • Be able to demonstrate the cognitive and technical skills to generate critical and creative ideas on the taxation of collective investment vehicles.

Last updated: 4 March 2025