BTF4580

Basic principles of income tax

(BUS)

Associate Professor Stephen Barkoczy

6 points + 3 hours per week + Caulfield

Synopsis: A grounding in the basic principles of taxation law for students with little or no recent previous taxation studies. Topics include residence, source, income, deductions and an introduction to the major statutory schemes implemented by the Income Tax Assessment Act and related legislation such as capital gains tax, fringe benefits tax and the self assessment system of tax administration.

Assessment: Optional assignment (5000 words): 50% + Examination (3 hours, open-book): 50% or 100%