The object of this unit is to provide an overview of the income tax system of the US with a focus on the most important legislative and treaty rules of the US in the international income tax area, especially in dealings with Australia. The unit will examine both the policies behind the US taxation of international transactions as well as the rules and principles of income tax law applicable to inbound and outbound transactions in the US.
May 9-11 and 14, 15 (9-3.30)
in-class assessment (30%) and 2hr exam (70%)
It is assumed that students undertaking this unit have successfully completed an undergraduate/postgraduate unit of study in tax law.