| Taxation of business enterprises |
|
Students are advised that 'Taxation of business
enterprises' is an advanced course and as such demands some
understanding or previous knowledge of tax law. If students have
not previously studied tax law at undergraduate level or have no
experience of it in practice, it is advised that they undertake
the 'Taxation principles and policy' course alongside 'Taxation of
business enterprises'. |
| Section A: Introduction to business
enterprises and general principles of business taxation |
| ·
Business enterprises |
| ·
Taxation of income |
| ·
Taxation of capital |
| ·
Introduction to corporation tax |
| Section B: Practical elements and
complications in taxation of business principles
|
| ·
Trading stock |
| ·
Capital allowances |
| · Loss
relief |
| · Loan
relationships |
| Section C: Group structures and
reorganisations relevant to taxation business principles |
| · Groups |
| ·
Consortia |
| ·
Distributions |
| · Share
reorganisations |
| Section D: Elements of international
business taxation |
| ·
Controlled foreign companies and anti avoidance |
| ·
Transfer pricing |
| ·
Foreign element |
| · VAT |
Sequence:
Section A, followed by Section B, followed by Section C, followed
by Section D. |
Textbooks:
Tiley and Collison’s UK Tax Guide [current edition]
(London: LexisNexis Tolley)
Tolley’s Yellow Tax Handbook
[current edition] (London: Butterworths) |
