LAWS6814 - Comparative Value Added Tax

Objectives

• Examine the design principles, operation, compliance and administration of consumption type value-added taxes - known commonly as either VAT or GST.
• Consider the principles of VAT and their operation in practice and how they affect different jurisdictions, focusing in particular on the European Union, New Zealand, Australia, and Canada.
• Gain an in depth understanding of the policies underlying VAT/GST and the options for VAT treatment adopted in other jurisdictions.

Content

Methods for taxing consumption; the history, spread and prevalence of credit-invoice systems of VAT; different forms of VAT/GST and the relationship between VAT and other tax bases; rate differentiation - use of multiple rates, including a zero rate; administration of VAT, including registration, invoices, assessment and collection.

Session

Semester 2 Intensive
23-25 & 28, 29 September 2009

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

Assessment

• Classwork (30%)
• 1 x Exam or Research Essay (70%)

Courses this unit is available in

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