LAWS6118 - Taxation of Partnerships & Trusts

Objectives

• Understand the policy for taxing entities in Australia, particularly transparent entities such as partnerships and trusts.
• Learn the detailed rules applicable to the taxation of partnerships and partners and trusts and beneficiaries.
• Apply the tax rules to current practical problems for partnerships and trusts.

Content

Policy for taxing entities; taxation of partnerships and trusts contrasted with companies; classification of entities for tax purposes; taxation of partners; taxation of trusts other than unit trusts and their beneficiaries; taxation of unit trusts and their beneficiaries; taxation of limited partnerships; income splitting and diversion through partnerships and trusts.

Session

Semester 1 2009
Friday Mornings, 8:30am to 10:30am

The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.

Assessment

• Classwork (30%)
• 1 x Exam (70%)

Courses this unit is available in

Master of Laws | Graduate Diploma in Law | Master of Business Law | Master of Taxation | Graduate Diploma in Taxation