(BUS)
Mr Ken Devos
6 points + Gippsland, distance + 12 hours per week + First semester
Synopsis: This subject provides an introduction to Australian income tax law and practice. 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: Written (essay): 30% + Examination: 70%