Module leader: Dr Dominic de Cogan
The module will examine the main problems presented by systems of business taxation. The focus will be on the UK law, but the underlying issues are of general relevance and the experience of other countries will be drawn upon where necessary.
The relationship between Corporation Tax, Income Tax and Capital Gains Tax
The different methods of taxing companies and shareholders
The definition of income and the role of accounting practice
The deductibility of expenses, capital allowances and losses from income
The loan relationship rules
The taxation of corporate groups and private equity
Tax avoidance and anti-avoidance rules
Methods of assessment
Modules on the LLM programmes will be assessed in one of the following ways. As this website is set up in advance, it is not possible to specify which method of assessment will be implemented for each module.
One 3-hour written examination
If you'd like to find out how a module will be assessed in the forthcoming academic year please contact the LLM Programmes Administrator at Law-LLM@contacts.bham.ac.uk.