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ONLINE BROCHURE
Applications for the 2012 Advanced Diploma in Corporate Tax (South Africa) program are now being accepted by IITF.
The 2012 ADipCorpTax starts on 1 October 2012.
Induction Week: 24 – 28 September 2012.
DURATION
This program is divided into 2 semesters making up a full academic year. The details are:
- Semester 1 – 10 weeks
- Study Break – 2 Weeks
- Mid Year Exam – 2 Weeks (Allocated)
- Break – 2 Weeks
- Semester 2 – 10 Weeks
- Study Break – 2 Weeks
- End Year Exam – 2 Weeks (Allocated)
COURSE DATES
- Program Starts: 01 October 2012
COURSE FORMAT
- This is a distance learning course. All notes and lecture material will be made available via the internet;
- A short assignment must be completed after each section;
- LIVE lectures will be conducted on the internet via our CAMPUS online classroom every week;
- An exam will be written after each module;
- Upon successful completion of this course an Advanced Diploma in Payroll Taxes will be issued by Thomas Jefferson School of Law.
CURRICULUM
PART I: SINGLE COMPANY TRANSACTIONS
- Introduction
- Company types
- Company structure/basics
- Company capital (shares and loans)
- Forms of entity taxation
- Company formations
- Taxable formations
- Tax-free formations
- Disguised sales
- Pre-incorporation contracts
- Additional contributions/share issues
- Company distributions
- Dividends
- Capital distributions
- Company redemptions/buybacks
- Company share restructurings
- Share dividends
- Share-for-share transactions
- Debt versus equity
- Commercial versus tax features
- Basic definitions
- Anti-avoidance: debt disguised as shares (basic)
- Anti-avoidance: shares disguised as debt (basic)
- Employee share schemes
- Basic employer versus employee impact
- Section 8C
- Employee share schemes
- Company Liquidations
- Taxable
- Tax-free
- Group of companies
- Economic rational
- Intra-group dividends
- Intra-group disposals
- Group taxation issues
- Debt cancellations
- Basics of debt cancellation/commercial
- Debt reduction system: ordinary and capital
- Share-for-debt exchanges
Part II: MULTIPLE COMPANY TRANSACTIONS
- Overview of acquisition types
- Taxable purchases
- Business asset purchases: Seller/buyer considerations
- Share purchases: Seller/buyer considerations
- External debt-financed purchases
- Deductibility
- Debt with share-like features
- Excessive level of debt
- Preference share financed purchases
- Non-deductible/non-income
- Shares with debt/like features/two party arrangements
- Shares with debt/like features/three party arrangements
- Section 45 indirect asset purchases
- Party-debt-financed transactions
- Buyer/target company issued notes
- Buyer/target company “earn-outs”
- Share-for-share acquisitions
- Taxable
- Rollover qualifications
- Rollover impact
- Amalgamations
- Taxable
- Rollover qualifications
- Rollover impact
- Triangulars
- Drop-downs
- Forward triangular mergers
- Reverse triangular mergers
- Unbundlings
- Taxable
- Listed unbundlings
- Unlisted unbundlings
- Drop-down unbundlings
- Non-pro rata unbundlings
- Post-acquisition restructurings
COURSE COSTS
- Application fee of R 750.00 (excl VAT);
- R 18,000.00 (excl VAT) once off; or
- Payment terms can be arranged;
- Excludes prescribed books.
PRESCRIBED BOOKS
- To be confirmed
CERTIFICATION
The student will receive an approved, internationally recognised, certification issued by the prestigious Thomas Jefferson School of Law. The following benefits are also offered by TJSL:
- Internationally recognized certification;
- Delivery of course material through the IITF CAMPUS online system;
- Credit towards any other LLM course, offered by TJSL, and commenced within 3 years, by approved students
- Exclusive database of tax research material;
- Student will become an Alumni of TJSL;
- World class international tax specialists as lecturers;
- The A Dip Corp Tax delivers 2 credits towards the TJSL LLM in International Tax and Finance. For more information on the full LLM please visit the LLM Website at www.llm-tax.com.
Thomas Jefferson School of Law is an American Bar Association (ABA) approved tertiary education institution in the US. The ABA is recognised by the US Department of Education, and the states’ equivalents, as the primary accrediting body for US law schools. Thomas Jefferson School of Law is also approved by the American Association of Law Schools as well as the American Academy of Financial Management. The American Bar Association imposes strict standards of education on Thomas Jefferson School of Law and its associated educational institutions such as IITF.
The programmes offered by IITF have been reviewed and approved these courses as complying with the stringent requirements of the American Bar Association imposed on TJSL, as these courses, on completion, will earn the successful student credits towards the TJSL Master of Laws (Legum Magister), Master of Science of Law (Juris Scientiae Magister) and Doctor of Juridical Science (Scientiae Juridicae Doctor). For the reason it was necessary to ensure that these courses comply with the ABA standards imposed on this law school (and indirectly on ITI). Consequently it is not necessary now also to obtain standing with SAQA. You are ultimately earning credits towards a US LLM degree. The interim qualifications are also US accredited qualifications (having complied with the US standards of education mentioned). While I believe that South African institutions offer high quality degrees, it is beyond contention that the world view holds a US degree in a substantially higher regard.
APPLICATION FORM
Click here for application form.
COURSE INQUIRIES
If you have an inquiry for this course, please do not hesitate to contact our Student Liaison, Lesia du Preez at lesia@TheIITF.org or on 011 513 3451. She will happily assist you with all your questions.
LECTURERS
