6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Faculty
Organisational Unit
Department of Business Law and Taxation
Chief examiner(s)
Coordinator(s)
Unit guides
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: 40% + Examination: 60%
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.
See also Unit timetable information