Authorised by Academic Registrar, April 1996
Objectives On the completion of this subject students should be able to demonstrate an understanding of how the tax treatment of different types of income and different taxpayers provides taxpayers with opportunities to legally minimise their tax liability; an appreciation of the constraints placed upon taxpayers minimising tax.
Synopsis General tax planning strategies; anti-avoidance legislation; employee deductions; superannuation; salary packaging; negative gearing; income splitting; choice of investment; choice of business structure; financing business assets; purchase and sale of businesses.
Assessment Assignment (2500 words): 30% + Examination (3 hours, open-book): 70%