BTC9100

Income tax law

(BUS)

Mr Grant Richardson

3 hours per week + First semester + Clayton

Synopsis: Topics include the tax concept of income including consideration of receipts in relation to employment and fringe benefits; exempt income; GST; capital gains tax; trading stock; allowable deductions; substantiation; repairs; depreciation; other deductions and carry forward losses; dividends and company taxation; partnerships and trusts; tax administration including objections, appeals and self-assessment, and tax avoidance.

Assessment: Assignment (2000 words): 20% + Examination (3 hours): 80%