Capital gains
Associate Professor Stephen Barkoczy
12 points
* 3 hours per week
* Caulfield
Objectives On completion of this subject students should, in relation to a range of typical transactions, be able to identify and analyse the taxation issues that arise from such transactions under Part IIIA of the Income Tax Assessment Act 1936 (Cth); conduct research into, and give an informed view on the likely development of the law on the taxation of capital gains.
Synopsis Topics include assets, acquisitions and disposals; calculation of net capital gains and losses and tax payable; application of capital gains tax to trusts, companies, shareholders, partnerships, superannuation funds, deceased estates, lease transactions; international aspects of capital gains tax; exemptions; roll-over provision; avoidance of capital gains tax.
Assessment Research project (5000-7000 words): 50%
* Examination
(open-book 3 hours): 50%
Prescribed texts
Australian income tax legislation CCH, 1995
Barkoczy S Australian tax casebook CCH, 1994
Cooper G Capital gains tax latest edn, Butterworths
| Published by Monash University, Clayton, Victoria
3168 Copyright © Monash University 1996 - All Rights Reserved - Caution Authorised by the Academic Registrar December 1996 |