Faculty of Business and Economics

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Monash University Handbook 2011 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedGippsland Second semester 2011 (Off-campus)


Taxation of business income and abnormal receipts. Business tax reform including the Goods and Service Tax and Ralph Committee reforms. Tax planning issues on acquisition and disposal of a business.


The learning goals associated with this unit are to:

  1. describe the taxation issues associated with specific regimes including the Alienation of Personal Services Income Regime, the Simplified Tax System and the PAYG Systems
  2. analyse the tax frameworks that apply when conducting a business through Companies, Trusts, Partnerships or Sole Proprietors
  3. analyse business transactions in the context of the Goods and Services Tax
  4. apply the appropriate taxation rules that govern purchases and sales of a business.


Within semester assessment: 40%
Examination (3 hours, open-book): 60%


Students must have passed BTW3221 or BTG3221 before undertaking this unit


BTC3350, BTF3951, BTW3242