BTW2221

Taxation law and practice

(BUS)

Mr Daniel Khoury

6 points + 2-hour lecture and 1-hour tutorial per week + OCDL, approximately 12 hours per week + First semester, Berwick, Gippsland, South Africa + Second semester, Peninsula

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, both general and specific. Accounting for trading stock. Taxation of partnership, company and trust income. GST. Tax avoidance and evasion.

Assessment: Written: 30% + Examination (3 hours): 70%