BTB2221

Taxation law and practice

(BUS)

Mr Ken Devos

6 points + 2-hour lecture and 1-hour tutorial per week + First semester + Berwick

Synopsis: This subject provides an introduction to the Australian income tax laws. Topics include: Australian tax jurisdictional issues. Assessable income from personal exertion, property and business. Capital gains tax and fringe benefits tax. Exempt income. Deductions for both general and specific trading stock. Taxation of partnership, company and trust income. Tax administration including audits, objections and appeals.

Assessment: Two assignments (each 1500 words): 30% + Examination (3 hours): 70%