Undergraduate - UnitBTF3931 - 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	Caulfield First semester 2012 (Day) Caulfield Second semester 2012 (Day)
Coordinator(s)	Dr Diane Kraal

Synopsis

Assessable income and exempt income; deductions; capital gains tax; fringe benefits tax; goods and services tax; residence and source; individual offsets.

Outcomes

The learning goals associated with this unit are to:

1. identify and explain the administrative framework within which the federal taxation system operates
2. calculate income tax and goods and services tax liabilities
3. identify and analyse fundamental tax concepts such as the distinction between income and capital
4. apply legislative provisions and judicial principles to practical taxation problems and provide supporting evaluations through the application of statutory and case law principles.

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, closed-book): 70%

Chief examiner(s)

Dr Diane Kraal

Contact hours

3 hours per week

Prerequisites

BTF1010

Prohibitions

BTC3150, BTG3221, BTW3221