Offered
Caulfield First semester 2008 (Evening)
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 entitlement of taxpayers to deductions;
- Apply the manner and methods employed in the application of such principles to practical situations.
Assessment
Within semester assessment (optional): 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