Taxation of Corporations - TABL5503
Faculty: UNSW Business School
School: School of Taxation and Business Law
Course Outline: TABL5503 Course Outline
Campus: Sydney
Career: Postgraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 0
Enrolment Requirements:
In program: 5231, 5540, 5740, 7321, 8428, 9200, 9210, 9231, 9255, 9257, 9260, 9273, TABLBS9250,TABLDS9250,TABLFS9250,TABLIS9250. Student in 5231, 5740, 8428, 9200, 9210, 9231 must complete TABL5551 or TABL5901 or equivalent before enrolling.
Equivalent: ATAX0403
Excluded: ATAX0503, TABL3003, ATAX0603
CSS Contribution Charge: 3 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
Description
The company remains the most widely used vehicle for the collective investment of capital. The central role of the company in our modern liberal market economy requires special and close consideration of the taxation of it, and its members. Corporate tax integration policy has led to the introduction of the imputation system, and the technical legal rules surrounding the distribution of
corporate profits are a focus of this subject. Because the imputation system confers tax benefits upon shareholders, a variety of anti-avoidance rules have been constructed to prevent the use of those benefits in tax arbitrage strategies.
corporate profits are a focus of this subject. Because the imputation system confers tax benefits upon shareholders, a variety of anti-avoidance rules have been constructed to prevent the use of those benefits in tax arbitrage strategies.