BTX3350 - Business taxation - 2019

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

Business and Economics

Organisational Unit

Department of Business Law and Taxation

Chief examiner(s)

Dr Diane Kraal

Coordinator(s)

Dr Diane Kraal

Unit guides

Offered

Caulfield

  • Second semester 2019 (On-campus)

Prerequisites

BTF3931 or equivalent.

Prohibitions

BTB3350Not offered in 2019, BTC3350Not offered in 2019.

Synopsis

This unit builds on introductory taxation law units. It covers the taxation of entities, including the acquisition and disposal of business entities. Selected topics are employee remuneration extending to share schemes and termination payments, CGT consequences of death, superannuation and small business concessions. Tax administration, income tax anti-avoidance provisions and tax agent ethics are covered.

Outcomes

The learning goals associated with this unit are to:

  1. apply the tax frameworks to analyse conducting a business through a company, trusts, partnerships or as a sole proprietor
  2. identify and analyse the taxation issues associated with employee remuneration, superannuation and selected CGT issues
  3. apply the tax rules that govern acquisition and disposal of businesses, including small business entities
  4. analyse business transactions from the perspective of tax administration and anti-avoidance provisions.

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