LAWS6127 - Taxation of Superannuation & Insurance
Objectives
- Understand the policy underlying the income taxation of the superannuation and insurance industries.
- Learn the detailed rules for taxing the capital and income of these industries, including the examination of recent reforms.
- Apply the tax rules to current practical problems for taxation of superannuation and insurance.
Content
The Superannuation Industry (Supervision) Act: introduction to the policy and regulatory framework; taxation of superannuation: overview of policy and legislative framework; superannuation contributions: SGC, award, employment, contracting, deductions; taxation of superannuation funds; benefit limits; taxation of eligible termination payments; taxation of pensions and annuities; taxation of life insurance as it relates to superannuation; taxation of life insurance companies on non-superannuation business; and taxation of general insurance business.
Session
Semester 2 2010
Tuesday Evenings, 6-8pm
The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.
This unit replaced LAWS 6213 - Taxation of Superannuation
Assessment
- Casework (30%)
- 1 x Exam or 1 x Research Paper (70%)
Assumed Knowledge
It is recommended that candidates who are not working in the tax area and have not taken an undergraduate tax unit in Australia in the past five years undertake LAWS 6825 - Tax on Business Structures & Operations before enrolling in this unit. If in doubt, please consult the Taxation Program Coordinator.
Prohibition
LAWS 6213 - Taxation of Superannuation
Courses this unit is available in
Master of Laws | Graduate Diploma in Law | Master of Business Law | Master of Taxation | Graduate Diploma in Taxation