LAW7051

Taxation of capital gains

(LAW)

Not offered in 2001

6 credit points

Synopsis: A detailed analysis of Australia0s capital gains provisions from a practical perspective. The integration of the capital gain provisions in Part 3 of the Income Tax Assessment Act 1997 with other provisions of the Act, especially s.6. The concepts of /an asset0 and /acquisition and disposal0. The application of Part IIIA to corporations (and, in particular, corporate reorganisations), family arrangements and trusts.

Assessment: Examination: 50% + Written paper (each student will be required to prepare a topic for class discussion which will form the basis for their written paper): 50%