Monash University Handbook 2011 Undergraduate, Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

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 goals associated with this unit are to:

1. analyse the nature and scope of the concepts of income at common law
2. explain the rights and entitlements of taxpayers to deductions
3. identify developments, statutory and judicial, pertaining to the notion of income
4. identify developments, statutory and judicial, pertaining to the entitlement of taxpayers to deductions
5. 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%

Chief examiner(s)

Bill Orow

Contact hours

3 hours per week

Prerequisites

BTX9651

Prohibitions

BTF5200