BTB3350 - Business taxation - 2017

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.

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.

Within semester assessment: 30% + Examination: 70%

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.

See also Unit timetable information

Students must have passed one of the following: BTB1010, BTC1110, BTF1010, BTG1200, BTP1010, BTW1042 or BTW1200 before undertaking this unit.

BTG3242, BTC3350, BTX3350