LAWS6841 - Taxation of Business & Investment Income B
Objectives
- Understand the policy for taxation of business and investment income and expenses, particularly in relation to timing issues, small business taxation and anti-avoidance measures.
- Learn the detailed rules applicable to the taxation of business and investment income and expenses.
- Apply the rules to selected complex commercial transactions.
Content
Issues in business financing; the treatment of income and expenses relating to the use and development of land and buildings; treatment of income and expenses relating to intangible business assets; tax accounting rules for the recognition of income and expenses; simplified tax system and other small business measures; and specific and general anti-tax avoidance rules.
Session
Semester 2 Intensive
29-30 September & 1, 5-6 October (9:00-3:30)
This unit of study can be taken alone or in conjunction with LAWS 6840 - Taxation of Business and Investment Income A. This unit is designed for candidates who already have a sound grasp of the Australian tax system and who wish to deepen their tax skills and expertise by further study.
The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.
Assessment
- 1 x 3,000 Word Class Essay (30%)
- 1 x Two-Hour Exam or 1 x 7,500 Word 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 - The Impact of Tax on Business Structures & Operations before enrolling in this unit. If in doubt, please consult the Taxation Program Coordinator.
Prohibition
LAWS 6150
Courses this unit is available in
Master of Laws | Graduate Diploma in Law | Master of Global Law | Master of Business Law | Master of Taxation | Graduate Diploma in Taxation