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
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:
- apply the tax frameworks to analyse conducting a business through a company, trusts, partnerships or as a sole proprietor
- identify and analyse the taxation issues associated with employee remuneration, superannuation and selected CGT issues
- apply the tax rules that govern acquisition and disposal of businesses, including small business entities
- 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