Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to understand the general scheme of the various legislation imposing both Federal and Victorian indirect taxation; ascertain the indirect taxation liability arising in a range of typical business and private transactions; understand the administrative requirements of the various indirect taxation legislation under consideration.
Synopsis Topics include constitutional issues; tax policy issues; sales tax; customs and excise duties; payroll taxes; land tax; stamp duties.
Assessment Either assignment (3000 words): 50% + Examination (3 hours, open-book): 50% + or + Examination (3 hours, open-book): 100%