BTF4200 - Income and deductions

Leader: Dr Bill Orow

Offered

Not offered in 2007

Synopsis

This unit provides an analysis of the law relating to the concepts of income and deductions, with a focus on the development of common law principles.

Objectives

The learning objectives of this unit are to:

• Analyse the nature and scope of the concepts of income at common law;
• Explain the rights and entitlements of taxpayers to deductions;
• Identify developments, statutory and judicial, pertaining to the notion of income
• Identify developments, statutory and judicial, pertaining to the the entitlement of taxpayers to deductions;
• Apply the manner and methods employed in the application of such principles to practical situations.

Assessment

Optional research assignment (3000 words): 30%
Examination (3 hours, Open book/take home): 70% or 100%

Contact hours

3 hours per week on-campus and/or intensive mode over summer (both 39 hours in total)

Prerequisites

BTX5651

Prohibitions

BTF4590, BTF5500, BTF5200