This unit introduces the basic elements of Australia's income tax (including fringe benefits tax and capital gains tax) and Goods and Services Tax, with an emphasis on their impact on businesses, whether conducted directly or via a partnership, trust or company. The unit covers the following topics: the main structural features of the tax system; assessability of business revenue; treatment of business expenses; timing rules for revenue and expense recognition; trading forms (companies, partnerships, trusts), capital raising and costs of servicing invested capital; cross-border issues; and anti-avoidance rules.
Intensive March S1CIMR (Group A): Mar 4-6 & 9, 10 (9-3.30) and Intensive September S2CISE (Group B): Aug 12-14, 17-18 (10-5)
class work/test (30%) and 2hr exam (70%)
Cooper, Dirkis, Stewart & Vann, Income Taxation: Commentary & Materials (Thomson Reuters) [current edition]
Academic Profile https://sydney.edu.au/law/about/people/list.php. The unit is also available on a Continuing Professional Development basis https://sydney.edu.au/law/study-law/continuing-professional-development.html