Tax Planning
Mr Patrick Cussen
6 points * Distance * Second semester * Prerequisite: DEB3931
Objectives On the completion of this subject a student should be able to demonstrate an understanding of how the tax treatment of different types of income and different taxpayers provides opportunities to legitimately minimise tax; appreciate the constraints placed upon taxpayers splitting income; determine how employees should structure salary packages.
Synopsis General tax planning strategies; anti-avoidance legislation; employee deductions; superannuation; salary packaging; negative gearing, income splitting; choice of investment; choice of business structure; financing business assets; sale and purchase of businesses.
Assessment Assignment (2500 words): 30% * Examination (3 hours open-book): 70%
Prescribed texts
Australian income tax legislation CCH, 1995
Barkoczy S Australian tax casebook CCH, 1994
Barkoczy S and Bellamy N Taxation law study guide Syme Department of Banking and Finance, 1994
CCH Tax Editors Australian master tax guide CCH, 1995