Outline

Overview

The rise of the digital economy imposes challenges as well as provides opportunities for multinational enterprises with respect to their tax strategies. The increasing globalisation and integration of operations of digital businesses, together with the ingenuity of the army of tax advisors, exacerbates the international tax avoidance issues. This unit introduces students to international tax principles and practices in the digital economy. Students learn how the international tax strategies are formulated and implemented to minimise global tax liabilities. Case studies of major multinational enterprises, both in Australia and overseas, are used to analyse and evaluate the International tax rules and business tax strategies. This unit covers the fundamental residence and source principles, the taxation of company groups, the taxation of inbound and outbound investments, the taxation of international finance, and common international tax strategies of multinational enterprises.

Details

Academic unit
Unit code	CLAW6038
Unit name	Global Tax Strategy in Digital Economy
Session, year ?	Semester 2, 2022
Attendance mode	Normal day
Location	Camperdown/Darlington, Sydney
Credit points	6

Enrolment rules

Prohibitions ?	None
Prerequisites ?	None
Corequisites ?	None
Assumed knowledge ?	This unit is designed for students with no prior knowledge in taxation
Available to study abroad and exchange students	No

Teaching staff and contact details

Coordinator	Antony Ting, antony.ting@sydney.edu.au

Type	Description	Weight	Due	Length
Final exam (Record+)	Final Exam n/a	50%	Formal exam period	2 hours
Outcomes assessed:
In-semester test (Record+)	Mid-semester Test n/a	20%	Week 07 Due date: 16 Sep 2022 at 14:00	1 hour
Outcomes assessed:
Small continuous assessment	Individual Assignment n/a	30%	Weekly	600 words each
Outcomes assessed:
= Type B final exam ? = Type B in-semester exam ?

Individual assignments: There will be a total of 9 tutorial questions in the semester. You have to submit 3 answers for marking and can choose which 3 questions you want to attempt. Each answer is worth 10 marks. If you prefer, you can submit one more answer for marking, and will get the best 3 marks out of the 4 answers. This assessment is designed to help you to learn and improve over the course of the semester through the feedback given to your answers.

Mid-semester test and final exam: Details of these assessments will be provided when we get closer to the test and the exam.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name	Mark range	Description
High distinction	85 - 100	Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Distinction	75 - 84	Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Credit	65 - 74	Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Pass	50 - 64	Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Fail	0 - 49	When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

To be fair to all students, late submission of individual assignment will not be marked, as the answer would have been discussed in class by then.

Special consideration

If you experience short-term circumstances beyond your control, such as illness, injury or misadventure or if you have essential commitments which impact your preparation or performance in an assessment, you may be eligible for special consideration or special arrangements.

Academic integrity

The Current Student website provides information on academic honesty, academic dishonesty, and the resources available to all students.

The University expects students and staff to act ethically and honestly and will treat all allegations of academic dishonesty or plagiarism seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic dishonesty. If such matches indicate evidence of plagiarism or other forms of dishonesty, your teacher is required to report your work for further investigation.

Weekly schedule

WK	Topic	Learning activity
Week 01	Overview	Lecture (3 hr)
Week 02	Residence and source principles	Lecture (3 hr)
Week 03	Taxation of companies	Lecture and tutorial (3 hr)
Week 04	Taxation of company groups	Lecture and tutorial (3 hr)
Week 05	International taxation of residents and non-residents	Lecture and tutorial (3 hr)
Week 06	Tax treaties	Lecture and tutorial (3 hr)
Week 07	Mid-semester test	Lecture (1 hr)
Week 08	Transfer pricing	Lecture and tutorial (3 hr)
Week 09	Interest limitation regime	Lecture and tutorial (3 hr)
Week 10	Controlled foreign company regime	Lecture and tutorial (3 hr)
Week 11	International tax structures	Lecture and tutorial (3 hr)
Week 12	Anti-BEPS strategies	Lecture and tutorial (3 hr)
Week 13	Review and revision	Lecture (3 hr)

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Learning outcomes

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University’s graduate qualities and are assessed as part of the curriculum.

Outcomes
Graduate qualities

At the completion of this unit, you should be able to:

LO1. Analyse and critically evaluate alternative tax policies based on a good understanding of key concepts of taxation and major constraints in the digital economy.
LO2. Determine tax implications of various transactions by applying knowledge of the tax law and practice for individuals and businesses.
LO3. Compute tax liabilities for individuals and businesses in the global business environment.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1	Depth of disciplinary expertise Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.
GQ2	Critical thinking and problem solving Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.
GQ3	Oral and written communication Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.
GQ4	Information and digital literacy Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.
GQ5	Inventiveness Generating novel ideas and solutions.
GQ6	Cultural competence Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.
GQ7	Interdisciplinary effectiveness Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.
GQ8	Integrated professional, ethical, and personal identity An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.
GQ9	Influence Engaging others in a process, idea or vision.

Outcome map

Learning outcomes	Graduate qualities
Learning outcomes

Closing the loop

Adding ULOs and assessments as approved.

Additional information

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Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.

Current students

Overview

Details

Enrolment rules

Teaching staff and contact details

Assessment

Assessment criteria

Late submission

Special consideration

Academic integrity

Weekly schedule

Study commitment

Learning outcomes

Graduate qualities

Outcome map

Closing the loop

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect

Current students

CLAW6038: Global Tax Strategy in Digital Economy

Overview

Details

Enrolment rules

Teaching staff and contact details

Assessment

Assessment criteria

Late submission

Special consideration

Academic integrity

Weekly schedule

Study commitment

Learning outcomes

Graduate qualities

Outcome map

Closing the loop

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect