BTF5290 - GST and other indirect taxes

Leader: Dr Bill Orow

Offered

Not offered in 2007

Synopsis

This unit provides a detailed analysis of the Federal Goods and Services Tax and various other indirect taxes including customs and excise, stamp duty and land tax.

Objectives

The learning goals associated with this unit are to:

• explain the goods and services tax regime in Australia;
• evaluate the taxable supplies, creditable acquisitions and the accounting principles;
• identify principles governing potential abuses of the GST system such as divisions 72 and 165;
• explain the Victoria taxation rules pertaining to transfers and dealings in land rich companies and trusts as contained in the Duties Act 2000;
• apply principles and methods.

Assessment

Research paper (6000 words): 40%
Examination (Take home): 60%

Contact hours

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

Prerequisites

BTX5651

Prohibitions

BTF4670, BTF5610, BTF4660, BTF5600, BTF4290