Taxation Law (Issues)

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Abstract

The subject builds upon student understanding of the general principles of tax law covered in LAW301 and entails a study of the taxation of partnership income, trust income, corporate tax entities and their members, consolidated groups, special taxpayers, incentive schemes and financial transactions. Corporate tax losses, net capital losses and … For more content click the Read More button below.

The subject builds upon student understanding of the general principles of tax law covered in LAW301 and entails a study of the taxation of partnership income, trust income, corporate tax entities and their members, consolidated groups, special taxpayers, incentive schemes and financial transactions. Corporate tax losses, net capital losses and bad debts, superannuation, retirement and termination payments, international aspects of income tax, barriers to tax avoidance, tax planning techniques as well as Goods and Services Tax are also covered.

Syllabus

Taxation of partnership incomeTaxation of trust incomeTaxation of corporate tax entities and their membersCorporate tax losses, net capital losses and bad debts Taxation of consolidated groupsSpecial taxpayers and incentive schemesTaxation of financial transactionsSuperannuation, retirement and termination paymentsInternational aspects of income tax Barriers to tax avoidance Tax planning techniques Goods and … For more content click the Read More button below.

Taxation of partnership income
Taxation of trust income
Taxation of corporate tax entities and their members
Corporate tax losses, net capital losses and bad debts
Taxation of consolidated groups
Special taxpayers and incentive schemes
Taxation of financial transactions
Superannuation, retirement and termination payments
International aspects of income tax
Barriers to tax avoidance
Tax planning techniques
Goods and Services Tax

Learning outcomes

Upon successful completion of this subject, students should:

Be equipped with sufficient knowledge in Australian taxation law to enable them to deal with business persons and legal advisors in an informed and reasoned manner, particularly in respect to taxation of partnership income, taxation of trust income, taxation of corporate tax entities and their members, corporate tax losses, net capital losses and bad debts, taxation of consolidated groups, special taxpayers and incentive schemes, taxation of financial transactions, superannuation, retirement and termination payments, international aspects of income tax, barriers to tax avoidance, tax planning techniques and goods and services tax.

Be able to implement a methodology for solving legal problems based on the following steps: identifying the relevant facts, identifying the applicable law, identifying the legal issue/s involved, addressing the legal issue/s by applying the applicable law to the relevant facts in a logical, chronological, concise and complete manner and reaching a sound and reasoned conclusion

Enrolment restrictions

Pre-requisite