BTW3221

Taxation law and practice ( 6 points, SCA Band 3, 0.125 EFTSL)

Leader: Mr Daniel Khoury (semester 1), Mr Toan Le (semester 2)

Offered:
Berwick First semester 2006 (Day)
Gippsland First semester 2006 (Day)
Gippsland First semester 2006 (OCL)
Hong Kong First semester 2006 (OCL)
Malaysia First semester 2006 (OCL)
Singapore First semester 2006 (OCL)
Peninsula Second semester 2006 (Day)
Prato W 2006 (On-campus)

Synopsis: This unit 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: Assignment: 30% + Examination (open book 3 hours): 70%

Contact Hours: 2-hour lecture and 1-hour tutorial per week

Prerequisites: BTW1200