BTX2191

Taxation for international trade

(BUS)

Mr Vince Morabito

6 points + 3 hours per week + Second semester + Caulfield and Peninsula + Prerequisite: BTX1010 + Prohibition BTX3931

Synopsis: This subject provides an introduction to the Australian income tax laws applicable to international trade. Topics include basic concepts and principles of Australian income tax law, including residence, source, income, deductions, capital gains tax and taxation of alternative business entities; specific aspects of income taxation law relevant to international trade transactions; and the basic concepts underlying indirect taxation relevant to international trade, including customs duty and sales tax.

Assessment: Assignment (2000 words approx): 30% + Examination (open book 3 hours): 70%