LAWHONS 750A/B : Special Topic: Tax Law and Policy
Law
2022 Semester One (1223) / Semester Two (1225) (20 POINTS)
Course Prescription
Course Overview
- The tax history of the world
- New Zealand tax history
- Capital gains taxes
- Death taxes
- Wealth taxes
- Green taxes
- The Revenue’s powers
- Section 17GB: information for tax policy development
- The residence principle
- The source principle
- Income
- Subpart CB and the current tax treatment of capital gains
- Section BG 1: the general anti-avoidance rule
- Fringe benefit tax and the problem with 39%
- Imputation
- Distributions
- Losses
- Foreigners using New Zealand trusts to escape other countries’ taxes
- The Panama Papers and the Pandora Papers
- New disclosure rules for domestic trusts
- The possibility of preferences for basic foodstuffs, etc
- Privately imported goods
- Netflix, etc
- Profit reduction techniques
- Transfer pricing
- Controlled Foreign Company (CFC) rules
- Foreign Investment Fund (FIF) rules
- Thin capitalisation
- The OECD Model Treaty
- The “permanent establishment” rule
- Dividends, interest and royalties
- Employment income
- Treaty shopping
- Arbitration
- Information exchange
- Assistance in collection
- The Multilateral Instrument (MLI)
- The OECD Model
- New Zealand’s network of TIEAs
- BEPS (Base Erosion and profit Shifting)
- New Zealand’s response
- The OECD and Digital Services Taxes
- The OECD and Pillar One: heavily digitalised businesses
- The OECD and Pillar Two: global minimum corporate tax
Course Requirements
Capabilities Developed in this Course
Capability 1: | Disciplinary Knowledge and Practice |
Capability 2: | Critical Thinking |
Capability 3: | Solution Seeking |
Capability 4: | Communication and Engagement |
Capability 5: | Independence and Integrity |
Capability 6: | Social and Environmental Responsibilities |
Learning Outcomes
- Understand some of the major issues in tax theory and tax policy.
- Understand the law relating to taxation in New Zealand.
- Design and carry out a substantial research project.
- Write and present a substantial research paper. (Capability 1.1, 1.2, 2.1, 2.2, 2.3, 3.1, 3.2, 3.3, 4.1, 4.2, 4.3, 5.1, 5.2, 6.1, 6.2 and 6.3)
Assessments
Assessment Type | Percentage | Classification |
---|---|---|
Participation | 10% | Individual Coursework |
Presentation of research | 10% | Individual Coursework |
Research paper | 80% | Individual Coursework |
3 types | 100% |
Assessment Type | Learning Outcome Addressed | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | |||||||
Participation | ||||||||||
Presentation of research | ||||||||||
Research paper |
Workload Expectations
Delivery Mode
Campus Experience
Attendance at seminars is required to receive credit for certain components of the course. Seminars will not be recorded.
Learning Resources
Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).
Please remember that the recording of any class on a personal device requires the permission of the instructor.
Student Feedback
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Other Information
Academic Integrity
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.
Class Representatives
Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.
Inclusive Learning
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course director, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz
Special Circumstances
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a Student Academic and Support Adviser as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
Learning Continuity
In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.
Disclaimer
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.