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 2009
Tuesday Evenings, 6-8pm

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

Assessment

• Casework (30%)
• 1 x Exam or 1 x Research Paper (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