This advanced unit will analyse the current law on the tax treatment of the principal forms of raising corporate finance from sources both in Australia and offshore, in Australian and foreign currencies, and of hedging the various exposures that a taxpayer may have from of its fund-raising and investments. The unit will consider the taxpayer's position both within and outside the TOFA regime. Common forms of innovative financial instruments will be examined, including debt, equity and hybrid instruments, forward and futures contracts, derivative instruments, and various asset-based forms of corporate financing. Selected non-resident withholding tax issues will be examined.
Unit details and rules
| Unit code | LAWS6125 |
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| Academic unit | Law |
| Credit points | 6 |
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Prohibitions
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None |
| Prerequisites
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None |
| Corequisites
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None |
| Assumed knowledge
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It is assumed that students undertaking this unit have an understanding of Australian income taxation law commensurate with that which would be obtained from completing undergraduate study in Australian taxation law or five years working with Australian tax law in a law or accounting practice in an industry role or in the Australian Taxation Office. For students who do not have such knowledge or work experience they first should undertake LAWS6825 Introduction to Australian Business Tax and LAWS6030 Corporate Taxation before enrolling in this unit. |
| Available to study abroad and exchange students | No |
Teaching staff
| Coordinator | Michael Dirkis, michael.dirkis@sydney.edu.au |
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| Lecturer(s) | Paul O'Donnell, p.odonnell@sydney.edu.au |
