Applications for the 2014 HDip Tax program are now being accepted by IITF.
The 2014 HDip Tax starts on 10 March 2014.
- Programme Format
- Prescribed Materials
- APPLICATION FORM
The duration of the HDip Tax is 18 months.
Students will complete 2 subjects per semester, with an exam on each subject at the end each of the semester. The IITF have also done away with the dissertation. As research is an extremely important part of taxation, IITF adopts a more practical solution in requiring students to submit 6 subject matter research reports throughout the 2 year period instead of one long dissertation covering a single subject matter.
This format also allows students to join the HDip Tax at the start of any one of the Subjects. This enables the IITF to have 2 HDip Tax in-takes per year, as apposed to other Institutions who only offer the HDip Tax once every 2 years.
HDip Tax starting in March 2014 has the following curriculum:
2014 – Semester 1
Subject 1 - SPECIAL DEDUCTIONS, ASSESSED LOSSES AND CAPITAL ALLOWANCES
Subject 2 - CORPORATE TAXATION
- Term 1: 10 March – 17 April (6 Weeks)
- Term 2: 29 April – 13 June (7 Weeks)
- Semester 1 Exam: 13 – 23 June (10 days)
2014 – Semester 2
Subject 3 - SPECIALISED TOPICS
Subject 4 - INTERNATIONAL TAXATION
- Term 3: 30 June – 29 August (9 Weeks)
- Term 4: 08 September – 31 October (8 Weeks)
- Semester 2 Exam Prep and Exams: 03 – 28 November (4 Weeks)
2015 Year – exact dates still to be finalised
2015 – Semester 1
Subject 5 - GROSS INCOME
Subject 6 - VALUE ADDED TAX
- Term 1: Dates to be finalised
- Term 2: Dates to be finalised
- Semester 1 Exam: Dates to be finalised
2015 – Semester 2
Subject 7 - GENERAL DEDUCTIONS
Subject 8 - CAPITAL GAINS TAX
- Term 3: Dates to be finalised
- Term 4: Dates to be finalised
- Semester 2 Exam Prep and Exams: Dates to be finalised
- 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;
- 2 LIVE Academic lectures will be conducted on the internet via our Online classroom per week (1 for each subject);
- Students are required to submit 6 research reports during the 2 years – this will be based on each subject – ie students will select 6 subjects out of 8 on which to base their research reports on;
- An exam will be written after each semester on each subject dealt with;
- Upon successful completion of this course a Higher Diploma in Tax will be issued by Thomas Jefferson School of Law.
Subject 1 – Specialised Deductions, Assessed Losses & Capital Allowances
- Damages and Compensation
- VAT Overview (to be dealt with in more detail in year 2)
- Capital Allowances
- Capital Gains Tax Overview (to be dealt with in more detail in year 2)
- Trading Stock
- Assessed Losses
Subject 2 – Corporate Taxation
- Single Company Transactions
- Company Formations
- Company Distributions
- Share Restructuring
- Debt vs Equity
- Share Schemes
- Group of Companies
- Debt Cancellation
- Multiple Company Transactions
- External debt-financed purchases
- Preference share financed purchases
- Party-debt-financed transactions
- Share-for-share acquisitions
- Post-acquisition restructurings
Subject 3: Specialised Topics
- Tax Avoidance I
- Tax Avoidance II
- Trusts and Estates and Donations
- Additional Assessments
- Taxpayer remedies
Subject 4: International Taxation
- Double Tax Agreements
- Jurisdictions to tax
- Permanent Establishments
- DTA Provisions
- Cross Border Financing
- Intermediary Holding Companies
- Tax Avoidance
- Use and Abuse of Tax Havens
Subject 5: Gross Income
- Construction of Fiscal Statute
- Receipts and Accruals
- Receipts & Accruals; Deposits; Disposal of income after accrual
- Cash or otherwise
- Capital and Revenue I
Subject 6: Value Added Tax
Subject 7: General deductions
- Expenditure and losses actually incurred
- In the production of Income
- Capital and Revenue
- Trade Requirement
- Interest on money borrowed
- Irrecoverable loans
Subject 8: Capital Gains Tax
Please note that this is an overview of subject matter. The IITF has the right to change and/or update this information at any given time.
- Income Tax Cases & Materials 3 ed by Emslie, Davis, Hutton & Olivier including Supplement thereto.
- Silke: South African Income Tax 2013 by Stigligh, Koekemoer, Van Schalkwyk, Wilcocks and de Swart.
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 LMS – CAMPUS;
- 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 HDip Tax delivers 2 credits towards the TJSL LLM in International Tax and Finance.
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 IITFhave 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 IITF). Please view our accreditation page for full references and information.
For more information please complete the Inquiry Form below, or contact the student envoy, Lesia du Preez at +27 10 220 5040 or firstname.lastname@example.org.
- Anneline Venter
- Prof. Marius van Blerck