Undergraduate - UnitBTC3150 - Taxation law

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

Level	Undergraduate
Faculty	Faculty of Business and Economics
Offered	Clayton First semester 2012 (Day) Clayton Second semester 2012 (Day)
Coordinator(s)	Dr. Ken Devos

Synopsis

An introduction to Australian taxation. Topics include residence and source; assessable income; capital gains; GST; FBT; allowable deductions including repairs, deductions and substantiation; and individual offsets.

Outcomes

The learning goals associated with this unit are to:

1. analyse and apply the appropriate taxation law for various income and capital receipts in given fact situations
2. analyse and apply the appropriate taxation law for both general and specific deductions in given fact situations
3. calculate the taxable value of various fringe benefits
4. describe the major elements of both the GST and CGT

To practice as a tax agent in Australia, an accountant is expected to be registered with the Commonwealth Government's Tax Practioner's Board. This unit has been designed to satisfy the requirements of one of two courses required for registration as a tax agent.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book): 70%

Chief examiner(s)

Dr. Ken Devos

Contact hours

3 hours per week

Prerequisites

BTC1110

Prohibitions

BTF3931, BTG3221, BTW3221