This unit is an introduction to Australia's taxation law. It commences with an overview of the Australian tax system, discusses contemporary tax issues and then deals with specific topics, including: the basis of liability to Australian income tax, concepts of residence and source of income, concepts of ordinary and statutory income (including capital gains tax), tax accounting, taxation of fringe benefits, and allowable deductions. It concludes with a study of the general anti-avoidance sections. The taxation of companies, partnerships and trusts, and international taxation are studied in depth in CLAW3202 which, together with this unit, is a solid basis to prepare students for an important aspect of professional accounting practice.
Unit details and rules
Academic unit | Accounting |
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Credit points | 6 |
Prerequisites
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CLAW1003 or CLAW2201 or CLAW2214 |
Corequisites
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None |
Prohibitions
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None |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Peter Koit, peter.koit@sydney.edu.au |
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Lecturer(s) | Peter Koit, peter.koit@sydney.edu.au |
Tutor(s) | Fei Gao, fei.gao@sydney.edu.au |