Indirect and other taxes
Not offered in 1995
Mr Wayne Gumley
6 points * 3 hours per week * First semester * Caulfield
Objectives On completion of this subject students should be able to understand the general scheme of the various legislation imposing both federal and Victorian indirect taxation; ascertain the indirect taxation liability arising in a range of typical business and private transactions; understand the administrative requirements of the various indirect taxation legislation under consideration.
Synopsis Constitutional issues; policy issues; sales tax; customs and excise duties; payroll taxes; land tax; stamp duties.
Assessment Either Assignment (3000 words): 50% * Final examination (open-book 3 hours): 50% or Final examination (3 hours open-book): 100%
Prescribed texts
The Australian sales tax legislation CCH, 1995
1971 Pay-roll Tax Act (Vic)
1958 Land Tax Act (Vic)
1958 Stamps Act (Vic)