Undergraduate - UnitBTX3350 - Business taxation

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

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

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Business Law and Taxation
Offered	Caulfield Second semester 2015 (Day)
Coordinator(s)	Dr Diane Kraal

Synopsis

Topics covered include taxation of business entities, tax planning issues on acquisition and disposal of a business, retirement (superannuation) and estate planning, tax administration and anti-avoidance and tax agent ethics covering the obligations under the Tax Agents Services Act 2009.

Outcomes

The learning goals associated with this unit are to:

describe the taxation issues associated with specific business regimes including the Small Business Tax System
analyse the tax frameworks that apply when conducting a business through Companies, Trusts, Partnerships or Sole Proprietors
analyse business transactions in the tax administration and anti- avoidance rules
apply the appropriate taxation rules that govern purchases and sales of a business.

Assessment

Within semester assessment: 30%
Examination: 70%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Chief examiner(s)

Dr Diane Kraal

Prerequisites

Students must have passed one of the following: BTC1110, BTF1010, BTG1200, BTP1010, BTW1042 or BTW1200 before undertaking this unit.

Prohibitions

BTB3350, BTG3242, BTC3350